💡Arthur Hayes discusses the possibility of the ICO returning to the market! Since the end of the ICO frenzy in 2017, capital formation has become less pure, and VC-backed tokens have performed poorly. Hayes points out that old-fashioned tokens have underperformed major tokens by about 50%. He suggests saying no to projects with high FDV and low circulation, and calls for creating fervent support for new projects. What do you think? Will ICOs make a comeback? Feel free to share your thoughts in the comments! #Blockchain #ICO #Cryptocurrency