Half of ICOs Die Within Four Months After Token Sales Finalized
You can see the state (volume, # daily users) of some of these promised &quot;dapps&quot; here: <a href="https:&#x2F;&#x2F;dappradar.com" rel="nofollow">https:&#x2F;&#x2F;dappradar.com</a> . It is indeed a barren wasteland. And when a new popular ICO comes along, the Ethereum network struggles and fees skyrocket.<p>It&#x27;s weird because people compare it to the early days of the Internet... but the early Internet was useful from its beginning: you could at least send messages and files across the network, which was incredibly useful to academia and the military and was orders of magnitude more efficient than any alternative.<p>Now, all we see is rampant fraud and a complete disregard for the environment [0] with no gain in efficiency. It&#x27;s high time we hold &quot;crypto-anarchists&quot; accountable for these issues.<p>[0] The Ethereum network consumes more electricity than Iceland <a href="https:&#x2F;&#x2F;digiconomist.net&#x2F;ethereum-energy-consumption" rel="nofollow">https:&#x2F;&#x2F;digiconomist.net&#x2F;ethereum-energy-consumption</a>