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Ico crapcoin checklist
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=== Example 1 - Storj and Golem === Projects like Storj and Golem come very close to being called DACs because purchasing storage space or processing power can be verified without trust. But you have to be careful calling this a DAC because in these systems resources are only bought from the parties who have them so there isn’t a single shared service that emerges from collaboration. The question to ask here is “can the token be replaced with another without the system falling apart?” And the answer with Storj and Golem is definitely “yes” (any other token can be used to purchase resources.) I am not saying that Storj and Golem are shitcoins but instead I would refer to them as decentralized marketplaces that use '''smart contracts''' to pay for services - and that’s more impressive than it sounds since 99.999% of current “smart contracts” are based on trusting third-party oracles. <span id="example-2---augur-gnosis-oraclize"></span>
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