@stellabelle tweeted yesterday "once upon a time there use to be an app for everything but now there is an ICO for everything.
I hope this doesn't hurt the future of cryptocurrency as it purpose is getting defeated
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It seems to be based on Ethereums block chain so the core block chains should actually increase in value as more and more system use it.
In many ways it's actually a good thing, more platforms and applications that crypto has there will be a wider user base. More people will bring high capitalization, adoption, innovation. We're living in very exciting times!