[random023987]

> In my opinion, the ICO is the blockchain killer app.

There are so many examples, from Canadian Tire Money https://en.wikipedia.org/wiki/Canadian_Tire_money to Microsoft Points https://en.wikipedia.org/wiki/Microsoft_Points showing you can create private currencies granting the bearer certain privileges without a blockchain.

[vasilipupkin]

Airline miles, etc. Of course, you can. It's not that you can't do it, it's that blockchain makes creation of such currencies easier.