6 reasons why your #ico won’t raise more than 3M
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6 reasons why your ICO won’t raise more than $3MWe have all heard stories of how companies raise millions or even billions of dollars to build the next hottest company. Many traditional tech companies have considered ICOs as an alternative to raise funds for their next expansion phase as compared to traditional venture capitals. This is because founders no longer have to give up stake in their startups to raise funds, and the ease to easily crowd fund the money they need to run the company.As the VC industry is most disrupted industry by ICOs, we have seen a growing adoption in VCs and hedge funds turning to start their own cryptocurrency investment arms.Although the number of ICOs and amount raised have risen since last year ($6.3B raised since the start of the year till April compared (...)