Bitcoin was a good proof of concept, the true value will come from things like Ethereum and others.
Even thought the ICOs are in a clear bubble right now, the mechanism behind the ICOs is a solid one and could provide low friction VC funding for the next generation of Start Ups. Taking out rent seeking institutions like Private Equity banks, VCs and traditional banks will create a lot of value.
Ethereums first mover advantage for the ICO market will proof to be of a huge value in the race for the dominating world crypto currency.
Even thought the ICOs are in a clear bubble right now, the mechanism behind the ICOs is a solid one and could provide low friction VC funding for the next generation of Start Ups. Taking out rent seeking institutions like Private Equity banks, VCs and traditional banks will create a lot of value.
Ethereums first mover advantage for the ICO market will proof to be of a huge value in the race for the dominating world crypto currency.