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by baby 2690 days ago
If you're asking here, you probably don't have enough knowledge to understand if their token has a chance of returning a profit.

As other commenters say, most ICO nowadays are scams and risky business as well when it comes to regulations.

I would be very very very careful here.

But then, the chances that they get some value VS the chances that some other startup's equity gets some value might be higher.

1 comments

where did you see ICO? tokens for employees are not the same as public offerings
there is no private/public tokens concept in Ethereum. You can have a pre-sale, a locking period, etc. but eventually what you're doing is creating a sub-cryptocurrency and giving some of the token/coin you're creating to people. After that your contract defines a time where transactions are allowed, or you can create a switch, but I see 0 reasons to keep the switch OFF.
I am an Ethereum developer thank you. I did not talk about private tokens I said the offering is not public. The company can distribute the tokens to their employees as a liquid equity and promise they will redeem them for a certain equity or % of revenue. That's not an ICO