Dear @everyone
Thank you to everyone who decided to visit this post and share your view (or perhaps learn something) on this particulary interesting subcject: future of LCO (Listed Coin Offering)
How many of you ever heard about LCO's? Guys from @blockshine have some great points that this can be huge topic in upcoming year or two.
Personally I've been mostly focused on STO's (Security Token Offering) which I believed will be next big thing.
Since many you have solid knowledge about those topics, I would love to ask about your view on that topic. In particular if you could share your knowledge and opinion related to LCO.
I read and reply to every valuable comment.
Yours
Piotr
Since we are invited to share our scam stories, I bought Infinite coin a year ago. It is now coin #1,895. When it got kicked off my exchange my holding literally disappeared. Oh well, lesson learned. My new rule, do not buy coins below top 100. There are way too many scams. Trying to find the next big thing in ICO’s is not finding a needle in a haystack. It is trying to find a needle in a stack of other needles. The LCO concept is interesting because, if I understand it correctly, it will be a synergy between traditional investing concepts only using the new blockchain platform. Evolution if you will. Uh oh, technology overload alert. Dam, my head is spinning.
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This model could work in the USA but it will clearly come under, and must comply with, SEC regulations. The entire idea behind mosy crypto followers is to escape government regs. This is where the hostility may arise.
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Dear @clayrawlings
What do you mean disappeared?
Would you be able to point out what is the difference between LCO and STO (security token offerings)? STO is clear and simple but I'm kind of failing to understand LCO so far.
Yours
Piotr
I mean it literally disappeared. The exchange said it would no longer support the coin and I needed to move to another exchange. When I tried to transfer the coin to another exchange it just disappeared right before my eyes. I could not find it in my history. It was like it never existed. It was not enough money to waste any more time fooling with it. I transferred every other coin I had on that exchange and never went back. Lesson learned. As for difference between LCO and STO, that is above my pay grade.
'Trying to find the next big thing in ICO’s is not finding a needle in a haystack. It is trying to find a needle in a stack of other needles'. ouch!
What a perfect description and I am sorry to hear about your lost coins.
Indeed @straighttalk I also like this comparison :)
I'm still too new to thee sector to have a strong opinion on much of it.. but thank you for directing me this way..
Thanks for dropping by @darrenfj and for being so supportive.
ps.
Friend of mine is looking for crypto writers and social media marketers. Perhaps you or someone you know would be interested in such a position (check out my latest post).
Yours
Piotr
thanks for the tips!
Thanks a lot for guiding e here @crypto.piotr I had never heard of LCOs til this post how interesting lots more researching to do lol!
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No problem
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Im always happy to help @steemingmark and grateful for your support :) I love how responsive you are buddy
Yours, Piotr
No problem mate
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No problem @crypto.piotr is a mutual friend
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Interesting conversation going on .Makes me feel a little crypto dumb. I clearly need to improve my crypto lingo. Thanks @crypto.piotr for letting me in on this.
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Hahaha @naijauser
I feel that way quite often too to tell you the truth :) I just dont admit it laudly hahaha :)
Yours
Piotr
Hey Piotr, LCO, i have never heard of it, i need to dive in some more .... but im a little sceptical ... it sounds to me more like established companies trying to riding the crypto wave. Also, what are these new lco backed by? Just the name of the ‘established’ company? And if these established companies need new capital, how good are they doing irl? Those companies probably wont do an exit scam so quick, but when an established company needs a new revenue stream, that often means they are not really doing so well ... so what happens to your lco coin, if said company goes bankrupt ... yeah your lco is just as worthless as any not functioning crypto ...and thats why, imo STO is one of the next big things. Because it is backed by something, ... furthermore ... isnt the kodak coin, released last year the same concept? oh and btw ... i’m going to start a movement that will change the world when the manifesto is there ... i might need your help
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hi @elektropunkz, @blockshine
We do actually need established companies getting involved. It's hard to say that they are trying to ride the crypto wave, since this wave died a long time ago.
From my understanding both LCO and STO will offer some sort of investors-protection (will be backed by assets). Am I right @blockshine?
Buying part of ownership is a huge change. That's something that ICO has been lacking.
Not really. Your logic would means that all those companies on stock market are not doing so well. Companies are looking for investors to expand. That's pretty much the way it is most of the time. Almost always.
Finally we agree on something haha :)
What do you mean? How can I be of any help? Drop me an email please: [email protected]
Yours
Piotr
I dare to say, my mind is damaged (long story) but still very creative and decently working, but ... Yesterday i stept with the wrong foot out of bed, those days i am not thinking clear, and often a little bit too sceptical. It’s something that i am working on. At least i’m trying too.
I saved your mail adress, so when i have my igbs manifesto as good as ready and then i will get back to you ... okay?
Last thing i like to add ... about riding the blockchain wave, you also know the wave will be going up again once the next bull market starts gaining traction in the mainstream
First time hearing about LCO will have to look into it and i think STO is gonna be better then ico
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Thanks for the follow and not much Maldivians are into crypto and there is only one exchange with limited types of crypto and limited supply so i do not know if LCO model could work here
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It is called DhiCoins i think and decentralised
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No scam experiences if it comes to crypto currencies, just a big lost (of the investment I could afford me). It is not quite clear/I can not paint a picture at it what "great" change it will bring. To be honest I do not believe anything will change this year. It feels to me we are in a period of keep on trying to keep both feet on the ground.
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Hi @wakeupkitty
We're clearly on the same page here. I also think that 2019 will be very boring for majority of investors and market will be moving sideways most of the time. With lack of interests from mass media and lack of trust.
Yours
Piotr