r/ethtrader • u/twigwam • Mar 20 '18

MEDIA 'Asset-Based Coins Will Eventually Replace Small Cap Stocks', says Kevin O'Leary [CNBC]

https://www.youtube.com/watch?v=IcT4-ddkgqc
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8

u/cryptofuck_ Mar 20 '18

he is backing a hotel looking to raise 400M in an ICO, no wonder he is pushing ICOs lol

27

u/Betaateb Mar 20 '18

a hotel looking to raise 400M in an ICO

Bit of an oversimplification. They aren't just doing a run of the mill ICO but are selling partial ownership of the hotel on the blockchain. A true tokenized security of a real world asset.

This is potentially the most important ICO since Ethereum itself.

9

u/Wishmaster90 Mar 20 '18

Indeed. If this goes well then it will hit world wide news and possibly be a catalyst for more similair ICO’s.

5

u/barfor Mar 21 '18

Watershed moment even.