Bitcoin · Startup

Should startups consider raising ICOs?

Ioannis MSc IT professional

May 26th, 2017

I recently read a Q&A on ICOs (initial coin offerings) that said there have been about 25 of these already in 2017 and that those 25 have raised nearly $160m. It seems like a great way to raise funds for your startup, but I admit that I am not the most knowledgeable person about bitcoin and ICOs. Has anyone here raised an ICO or knows someone who has had? What were their expectations and experiences with an ICO?

kraig from idea to MVP APP. Low rates. Full stack.

May 27th, 2017

note bitcoin is essentially a digital currency and it's value can wildly fluctuate agiants yours (much like foreign currency can) this isn't so bad if you can bay your bills in bitcoin (some sever companies take it) there is also possible regulatory issues, depending on your jurisdiction. I'm not sure how else you'd get value out of it.