Parallels between NFTs and the 2017 ICO mania

TheLuWizz
Coinmonks
Published in
3 min readMar 5, 2021

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Litecoin creator Charlie Lee criticizes the NFT industry and sees a mania's characteristics similar to 2017 and 2013.

Litecoin (LTC) creator Charlie Lee believes the ongoing spike in the popularity of Non Fungible Tokens (NFTs) has much in common with the Initial Coin Offering (ICO) mania in 2017. In doing so, he sees at least five similarities between the NFT popularity of the ICO…

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TheLuWizz
Coinmonks

Yoga-inspired Crypto Nomad. Balancing #Bitcoin and asanas. Join me for a joyride through #crypto, #yoga, and the digital nomad life. Good vibes only! 💡🧘‍♂️💰