ICOs to stay away from... Metronome, Pundi X, Stack, WaBi...

To all effects, consider this fiction writing. By no means is financial advise, endorsement of products nor anything remotely close to that.

Today Ms Inquisite Brown,  Mr. Negative Red and Neutral Black meet to discuss a few incoming ICOs....

- The first one is Metronome. Intends to be a new multichain crypto with a low inflation ratio. However, it is a RC20, Ethereum compatible token and the founders leave to the comunity any further development. No funds provided to it.
- I have read the white paper. As I understand the economics behind it, is a clumsy scheme to give 20% of whatever you invest to the founders with no return. The token is basically backed by the ether that buyers put into it minus 20% for the founders.
- Nothing left to ask.

- What about Pundi-X?
- The underliying technology is not ready and will not be until Ethereum goes PoS. 
- Why is that?
- Ethereum token processing speed is not ready to commit transactions with that volumen in a few seconds, which is what most people would expect when paying for a cofee or a pair of boots. Not to mention the hours delays that could happen on a saturated network.
 - Correction: After this conversation Pundi has integrated the NEM protocol and now it is functional.

- Oh, but it seems that the Stack project and the STK token are just addressing that problem.
- Exactly, they are addressing the problem, but have no solution at the moment nor any Minumum Viable Product nor code, ... Vaporware at a expensive price. Probably Ethereum PoS will short the problem far before them.

- Let´s change the markets... what about WaBi?
- They sell what will possibly become the fidelity points of products that potentially will use an electronic anti-tampering device.
- Is the device good?
- Probably, the problem being that they are selling a token whose value is not related directly to the sales of the device but to an undefined loyalty program: it lacks any real value and may never have it. I would not go there.