With the recent increase of ICOs on the Ethereum blockchain, traders and investors have strong opinions regarding the crowdfunds’ impact on cryptocurrencies. Some believe that the introduction of these tokens increases demand for the underlying crypto they are based on. Others believe that this hype is powered by greed, when this bubble bursts it will leave nothing but blood behind. This article will go over both schools of thought and try to speculate on ICOs’ true impact on the cryptosphere.
Read more here: https://thebitcoinnews.com/are-icos-helping-or-hurting-ethereum/