Is Creating An ICO Too Easy? More Junk Coins In The Future!

Due to Facebook's targeted advertising my "Newsfeed" is now populated by ICOs, cloud mining, and every cryptocurrency gimmick imaginable. Today I saw an ad for a company called CoinLaunch.

The company claims that it "makes it easy for anyone to create their own secure token offering for free."

Clicking on the ad took me to the company website where the company again claimed it could walk me through the process of creating a profitable ICO for free.

My first impression of this company is that it is not what the cryptocurrency community needs right now. I suspect that it will do nothing but result in many more junk ICOs that will have no return for the people who buy into them. I hope I am wrong, and that it produces some good projects, but I'm not holding my breath.

DISCLAIMER: I am not an investment advisor. My content is for informational purposes only. It should not be considered legal or financial advice. No one should make any investment without doing their own research or consulting their own investment advisor.