The founding father of non-profit Wikipedia Jimmy Wales mentioned that they’ve completely little interest in launching an Preliminary Coin Providing (ICO), or turning to cryptocurrencies on the whole.
Jimmy Wales, founding father of the favored free on-line encyclopedia, expressed his utter reservation in the direction of the sphere of cryptocurrencies. When requested about whether or not Wikipedia even considers cryptocurrencies or the launch of a possible ICO, he mentioned that they’re “completely by no means going to try this.”
Talking on the matter, the founding father of Wikipedia mentioned:
I’ve reservations about blockchain. It’s a super-interesting expertise, however it’s clearly a bubble with loads of mania and hype round it. Folks pay me to provide speeches, so I flew to Berlin. I actually do like the town, I feel it’s nice.
It’s additionally price noting that this isn’t the primary time Wales has expressed his criticism in the direction of ICOs. In 2017, he informed CNBC:
I feel blockchain is a brilliant attention-grabbing expertise however there are loads of fads happening proper now[…] There are loads of these preliminary coin choices which for my part are absolute scams and folks ought to be very cautious of issues which are happening in that space.