UPenn Law: Majority of ICOs Break Whitepaper Promises, Retain Centralization

Initial Coin Offerings (ICOs)–ICOs continue to make headlines along the academic circuit, and not in a positive light. On Tuesday, a new report from the University of Pennsylvania Law School revealed that in addition to breaking whitepaper promises, the majority of ICOs were guilty of retaining centralization in their issued currencies, thereby violating one of the fundamental principles of…
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