STOs, ICOs, VCs: How do you know what fundraising method to choose for your #startup?
▻https://hackernoon.com/stos-icos-vcs-how-do-you-know-what-fundraising-method-to-choose-for-your
2017 and 2018 has shown us that dramatically huge amounts of money have been raised through ICOs, more than $15 billion (based on icodata.io). And in Summer 2018, it even overtook Seed and Angel investments:(Source: coindesk.com, crunchbase.com)Given the numbers, it’s easy to see why startup founders should select ICO/STOs as their major source of fundraising. Following my #10kqachallenge (where I interview 10,000 experts in different niches: formula.geekforge.io) I asked VCs and crypto fund founders and executives about this question, and here’s how they answered:Andrew Knight — Fund Manager at invictuscapital.comLet’s start with a process of elimination. To run an ICO, your company first needs to have the right product and/or service offering that aligns with the utilization of a token (...)
#venture-capital #crowdfunding #initial-coin-offering #security-token-offering