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DAOs -> ICOs

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Peter Šurda 2021-12-26 11:14:27 +08:00
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02-principles.md
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@ -45,7 +45,7 @@ rules of Bitcoin, and they failed. Changes in Bitcoin take many years to
succeed and are more like optimizations than rule changes.
Several years after the Bitcoin started, other project types came in waves.
There was an altcoin phase, after that a DAOs phase, and now NFTs are
There was an altcoin phase, after that an ICO phase, and now NFTs are
everywhere. Many of these are just scams. Some may have interesting
technological properties or have a narrow specialised uses. However, if you
want to spend money on them, you're just gambling.