Comment by subroutine

ICO investments are inherently flawed. I simply do not understand why anyone would throw significant money at a startup without them providing legal equity in their company. Sure, the value of their coin may rise for a while, but if they are successful enough, some of them will get acquired by a large corporation with no interest in their cryptocurrency; and they may even get absorbed into an existing product of the corp. This would leave a coin on the market with the name of a company that doesn't even exist.