09 Aug '18, 4pm

Mind’s an abyss : Sedo offer wants to pay in ICO tokens for domain https://t.co/1ZammJNiCh

Cryptocurrencies are all the rage currently, and new ones are popping with initial coin offering (ICO ) rollouts. What that means is, that people are printing their own digital money – or “tokens” as they are described, for legal reasons. Once on the exchange, those new cryptocurrencies begin their dubious appreciation game , and they can be exchanged for real money. Still, making an offer via the Sedo interface, where the option is presented in USD but the message refers to “tokens” can be quite problematic. A team of “Game Portal” developers made an offer of $77,777 dollars for the domain Abyss.com – but specified that’s not “in money.” “I have a great idea for you. May be you have heard about blockchain. We are making ICO in Autumn of Game Portal and we can make a deal not in money but in tokens of our project equal to the amount of money you will be interested.” The me...

Full article: https://domaingang.com/domain-news/minds-an-abyss-sedo-of...

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