Arthur Hayes считает that the projects currently in the market are focused only on meeting the requirements of exchanges and funds, but the good times may soon return ICO .
In his opinion, the current situation is one in which venture funds and centralized platforms dominate exclusively, dictating their rules to other industry participants.
We should go back to the good old days ICO and make them great again, as they once were. It offers a decentralized, yet community-driven approach that puts retail investors at the center and revives the speculative spirit of the industry.
He compared project founders to patients suffering from a “stock-borne disease,” where their decisions are dictated by the whims of platforms and venture funds.
This “disease” has replaced the fundamental principles of decentralization, empowerment of users and creation of wealth for them, the businessman believes.
Exactly at ICO he sees an effective treatment method. According to him, this form is accessible to everyone and does not require any intermediaries. The model embodies decentralization and promotes innovation, giving retail investors access to opportunities at early stages, Arthur Hayes believes.
