Crypto-Follow logo Crypto-Follow logo
Cryptopolitan 2020-01-29 09:33:51

Should Businesses Even Do a Token Sale in 2020?

Up until a few years ago, any business looking to raise capital had two major ways of doing so effectively. The first was turning to venture capitalists or angel investors to finance their projects. The second was to rely on crowdfunding by the power of the internet. However, the rise of cryptocurrency in the 2010s allowed for a new channel for investment, one that was all the rage circa 2016 – 2017. The phenomenon in question was token sales, also known as the Initial Coin Offering (ICO). Token sales made the rounds a few years back as a revolutionary way

#
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer