Translate the page
Feel free to ask any questions, leave your comments, wishes and suggestions regarding the Google Translation at our Telegram Chat.
Top 30

Ong Jun Hao

Founder Of (Top Blockchain Advisory Firm In Asia) | Consulted 20+ ICOs | Marketing Expert

ICO Fundraising taking over traditional Angel and VC funding? 30 Sep 2018

ICO Fundraising taking over traditional Angel and VC funding?

An Initial Coin Offering (ICO) is the cryptocurrency space's rough equivalent to an IPO in the mainstream investment world. ICOs act as fundraisers of sorts; a company looking to create a new coin, app, or service launches an ICO.

Right now, the trend towards fundraising is through the use of ICO. Why ICO? Simply because its faster in terms of fundraising, its faster in terms of KYC, its faster in terms of how you get approval to invest.

1 year ago, someone from a third world country will not be able to invest in a top tier stock like Facebook or Google and not even mentioning their IPO..

Now, someone from a third world country can invest in a top tier blockchain company like ethereum, ripple, neo etc. Ok, that said, its not really the stock you are investing in, you are simply investing in their «goods» which is essentially the tokens.

With a faster liquidation time and a potentially higher ROI, people are starting to look more at ICO fundraising for sure. Lets see how long this trend sustains. One thing that is pretty exciting is the launch of security tokens. Security tokens resemble stocks way more than a simple utility token.

Until then, invest at your own risk. Only invest in projects that you have done your due dilligence on. Never risk what you cannot lose.

Feel free to follow me on my telegram channel with over 17,000 followers if you want to learn more about cryptocurrency investing and analysis:


This user’s post This user all posts

12 Nov 2018 Ong Jun Hao 0 0 305
Bitcoin Cash Hard Fork (WHAT TO DO?)
Updates on Bitcoin Cash (BCH) hard fork. If you plan on depositing or withdrawing BCH, make sure you do it before the hard fork. Binance,...
IEO – Initial Exchange OfferingList IEO projects

Cookies help us deliver our services. By using our services, you agree to our use of cookies.

Learn more Got it