ICOs have precedence — they were called “High Yield Project Finance #bonds”
▻https://hackernoon.com/icos-have-precedence-they-were-called-high-yield-project-finance-bonds-d
As I wrote last month, almost everyone I know who entered the Crypto-world from more traditional Wall Street backgrounds begins their Blockchain & Crypto journey with harsh skepticism. But gradually, each person starts to come around after a ton of reading, talking and engaging with others.First, Bitcoin starts to make sense as a store of value and a hedge to perpetually declining fiat currencies. Then Ethereum starts to make sense as a “pay to play” app store, and finally, “Tokenizing the World” becomes a concept that seems more reality than fiction. Eventually, everyone comes to terms that this new asset class is real, unless of course they are paid to create controversy with no consequences.ICOs on the other hand remain a polarizing topic.For good reason: Anytime a company can raise (...)
#project-finance-bonds #high-yield-bonds #ico #icos-have-precedence