Blockchain-Based Platform Spurs Confidence In 'Sketchy' ICO Investment Opportunities [zero hedge]
Overstock.com, Inc. (OSTK)
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Source: zero hedge
Blockchain-Based Platform Spurs Confidence In 'Sketchy' ICO Investment OpportunitiesIf it were a competition, BnkToTheFuture would be a shoo-in for “most meta business plan” of 2017. To wit, the company is building a blockchain-based trading system for selling and trading stakes in blockchain companies in a play to capture a subset of investors who are growing increasingly wary of the sketchy ICO market.While the blockchain tech sector is certainly still in its infancy, there’s little doubt that investors are interested in finding more reputable ways to facilitate investing in blockchain. Presently, the booming market for ICOs, which has seen more than $3.5 billion raised this year, has proven to be rife with incompetence and even outright fraud.Some of the largest and most widely anticipated ICOs are already floundering with their tokens rapidly losing value, and even drawing lawsuits, in some cases.Given the lack of honest brokers – and explosion of self-dealing – in the existing ma
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