Top 10 Cringiest Things We’ve Been Told During the ICO Process (thus far)

Written by betashop | Published 2017/11/02
Tech Story Tags: blockchain | token-sale | crypto | technology | startup

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We’ve gone to great lengths at Simple Token to run a conservative and cautious initial token sale in a newly emerging, rapidly changing and frothy cryptocurrency market. While we’ve tried our best to wear the white hat throughout this process, that hasn’t stopped us from getting some pretty cringe-worthy inbound offers. Here are my top 10 “I need to go take a shower after hearing that” moments from the past couple of months leading to our token sale.

  1. I’ll run your Telegram channel for you for $350,000. #pass
  2. ICO’s are banned in China but you should still do community building there anyways. #pass
  3. We’ll run your entire ICO for you soup-to-nuts for 10% of the token supply. #pass
  4. I’ll hand over your ENS name for 50 to 100 ETH. #pass.
  5. I don’t know you but I’ll be your named advisor for 2% of the token supply. #pass
  6. We’ll write “non-sponsored” articles about you on our website for 3 BTC. #pass
  7. We just wrote an article about you on our impartial crypto website. Can you please send us some thank you tokens. #pass
  8. We’ll manage your BitCoin Talk for 10% of the ICO proceeds. #pass
  9. Well known Silicon Valley crypto fund: We only purchase tokens in pre-sale at a 80% discount + equity + % points on the token sale. #pass
  10. Random BTC investor: We’ll purchase $3M of tokens if you give us a 70% discount. #pass

UPDATED: …and the bonus #11! Just remembered this one from an very active crypto investor back in July of this year.

Them: “You need to plan already what you are going to do after the token goes up 5x.” Me: “Or, if it goes down 5x.” Them: “Oh, that never happens.”

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Published by HackerNoon on 2017/11/02