[seibelj]

An incredible display of pragmatism from our regulators. Given the commentary on HN it seems that most here want everyone involved in an ICO to be thrown in jail. ICO’s are an effective way to raise funds from a global pool of enthusiasts. The Ethereum blockchain itself was funded from an ICO, and it’s doubtful that as much money would have been raised at such advantageous terms from traditional VC for a 22 year old kid like Vitalik. Very, very good news.

[wmf]

Yes, ignoring absolutely all regulations does tend to be advantageous.

[chinathrow]

> ICO’s are an effective way to raise funds from a global pool of enthusiasts.

... and fools and frauds during an intense phase of greatest hype, FOMO (fear of missing out), pump and dump etc.

[RexetBlell]

He was 19 around the time when Ethereum was raising money.

[forapurpose]

> it’s doubtful that as much money would have been raised at such advantageous terms from traditional VC for a 22 year old kid ...

Why not? Isn't that the story of many wildly successful SV startups?

[brucephillips]

> ICO's are an effective way to raise funds from a global pool of enthusiasts.

Once they're regulated as the securities they are, what advantage do ICO's have?

[Kadin]

> The Ethereum blockchain itself was funded from an ICO, and it’s doubtful that as much money would have been raised at such advantageous terms from traditional VC

I'm not sure this argument is as strong as you seem to think it is.

[ryanSrich]

Considering Ethereum's market cap is currently 1/2 of a trillion dollars, I'd say it's a pretty strong argument...

[dumbfounder]

It's at $70B right now, which is about 1/14 of a trillion. All of crypto is about 1/2 a trillion though.