A Sherpa Was Killed During a Cryptocurrency Promotional Climb on Everest

A Sherpa Was Killed During a Cryptocurrency Promotional Climb on Everest

6 years ago
Anonymous $qrGo_Xv_Cm

https://motherboard.vice.com/en_us/article/435qwm/askfm-ico-everest-stunt-sherpa-death

In the world of Initial Coin Offerings, a way for businesses to raise capital by selling digital tokens, it can be hard to differentiate your business from the hundreds of scammers and legitimate ICOs that have flooded the space. This has led to a rise in ICO promotional stunts, which have ranged from faking an exit scam to launching a cryptocurrency miner into space on a balloon, but last month the Ukrainian social media network ASKfm literally took ICO promotional stunts to the next level.

On May 14, four climbers representing ASKfm buried a cryptocurrency wallet containing $50,000 worth of tokens issued by ASKfm on the summit of Mt. Everest. The company described the stunt as an “elegant way to boast ideological superiority to every other crypto.”

A Sherpa Was Killed During a Cryptocurrency Promotional Climb on Everest

Jun 5, 2018, 2:16pm UTC
https://motherboard.vice.com/en_us/article/435qwm/askfm-ico-everest-stunt-sherpa-death > In the world of Initial Coin Offerings, a way for businesses to raise capital by selling digital tokens, it can be hard to differentiate your business from the hundreds of scammers and legitimate ICOs that have flooded the space. This has led to a rise in ICO promotional stunts, which have ranged from faking an exit scam to launching a cryptocurrency miner into space on a balloon, but last month the Ukrainian social media network ASKfm literally took ICO promotional stunts to the next level. > On May 14, four climbers representing ASKfm buried a cryptocurrency wallet containing $50,000 worth of tokens issued by ASKfm on the summit of Mt. Everest. The company described the stunt as an “elegant way to boast ideological superiority to every other crypto.”