A speaker predicts a crypto gold rush called ICO 2.0, triggered by a forthcoming Clarity Act that would let anyone launch a token and raise $50-75 million if they decentralize within four years. He compares it to the 2017 ICO boom and calls it a once-in-a-lifetime opportunity.
Chapters
At the end of this year, I anticipate a massive gold rush for crypto, but hear what I'm saying right now. It's not a joke. Everybody uses that term very loosely when they say gold rush. I legitimately mean that. So if you remember back in 2017, there was something called the ICO boom. People were launching initial coin offerings and these coins were doing 1,000x's and crazy percentages. And a lot of people got rich. I was there for it. I invested in Ethereum at $3 to $7. I made a lot of money. That is happening again. I'm calling it ICO 2.0. There's something called the Clarity Act, and right now it's being discussed and talked about in the government, and it's backed by President Trump. He wants it to happen, and the Clarity Act is going to clearly determine if a crypto project is a security or a commodity. It basically classifies it under a regulatory body. Long story short, it gives regulation to crypto. So right now, if you launch a coin, You don't know if you're gonna get sued. Pretty soon, if the Clarity Act passes, that means that anybody can launch a coin and fundraise $50 to $75 million with the promise of making it decentralized in 4 years. Does not matter who you are. You could be a Joe Schmo or you could be Microsoft. You can launch a coin and tokenize something as long as you make it decentralized over a 4-year period of time. If you don't understand how many companies going to be pumping crypto by launching their own coin. Like, you have no idea this is happening. When the Clarity Act happens, I believe we are going to go into a supercycle, power cycle, crazy altcoin run, and it hasn't passed yet. This is a once-in-a-lifetime opportunity.