/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F656408%2F207f7b69-18c4-4cde-9e6e-9abe55779ccd.png)
Confido was the light in the dark that promised better times ahead.
After a string of Initial Coin Offerings that brought buyers nothing but grief (and lost money), the scrappy little startup become the darling of the crypto world. It was only raising $400,000. It was running lean.
But now, just two weeks after the ICO ended, the project’s website and founders are all gone, and the price of the Confido token (CFD) is near zero.
To see why Confido was successful — at first, at least — we need to go a little further back. ICOs, or digital token crowdsales, are events in which startups raise funds by selling digital tokens to anyone willing to participate. And this summer, ICOs for projects such as 0x, Civic and district0x were incredibly successful: The projects’ founders raised tens of millions of dollars, and shortly after the tokens became tradable their value surged, bringing quick and easy profits to token owners. Read more…
More about Scam, Ico, Confido, Business, and Sharing Economy
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F655579%2F131345e1-4e05-43d2-837a-32439ec7c1af.jpg)
Cities make the sharing economy work, and the urban environment is the critical differentiator for experimentation, change, and scale. In just a few years, the sharing economy has grown from a niche service only found in tech hubs to a larger share of the economic pie — and it has significantly impacted the local economies of cities. /https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F639200%2Fbecec755-cc8e-4e31-ab25-8a0a97c24193.jpg)
