Delete comment from: DSHR's Blog
"About 56 percent of crypto startups that raise money through token sales die within four months of their initial coin offerings.
That’s the finding of a Boston College study that analyzed the intensity of tweets from the startups’ Twitter accounts to infer signs of life. The researchers determined that only 44.2 percent of startups survive after 120 days from the end of their ICOs. The researchers, Hugo Benedetti and Leonard Kostovetsky, examined 2,390 ICOs that were completed before May."
From Olga Kharif's Half of ICOs Die Within Four Months After Token Sales Finalized. So you don't need 51% to attack a token, you just need a few months and it'll discredit itself.
Actually, 44.2% survival is pretty good in the light of 81% of Recent ICOs Were Scams, Research Finds:
"Four out of five initial coin offerings (ICOs) that have taken place in the last year have been classified as scams, according to a recent study by Satis Group, an ICO advisory firm."
So about one in three ICOs are still stringing the chumps along after 4 months.
Jul 10, 2018, 6:40:11 PM
Posted to Cryptocurrencies Have Limits