A new era of ICO innovation
ICOs may be a relatively new and complex phenomenon but with all the talk of doom and gloom, this hasn't prevented ICOs from continuing to innovate. There will be diamonds in the rough. There are two levels of innovation: firstly, the ICO mechanism itself and secondly, the blockchain-based technology where innovative products and services are created, with almost always a token in tow.
In fact, if you cast your mind back to March 2006, when Twitter first appeared on the scene, or even back to February 2004 if you are a Facebook fan, it wasn't until around three-to-four years later that these companies really found their groove and user adoption started. Now, Twitter and Facebook are household names worldwide.
Facebook and Twitter didn't have all the answers when they first started and neither do all these companies trying to tokenize everything in their path. However, the potential for a handful of companies somewhere out there to discover real applications is exciting...
