Andreas Antonopoulos I Q
DEFINITION of 'Initial Coin Offering (ICO)'
An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin. Also called an Initial Public Coin Offering (IPCO).
Read more: Initial Coin Offering (ICO) http://www.investopedia.com/terms/i/i...
Follow us: Investopedia on Facebook
There was some great advise from Andreas before you invest in ICOs.
What are your thoughts on initial coin offerings (ICOs)?
Are there any you are interested in? In the future, the possibility of funding new initiatives and creating ventures on a global basis without the traditional limitations, is going to open up new opportunities for companies. However, investors will first have to swim in waters infested with unscrupulous people and their Ponzi scheme shitcoins.
The primary purpose of an ICO should be to fund a worthwhile product or project that is already achieving success, not to "generate value" or "take growth to the next level." I'm sure there are some that are very interesting, but at least 95% of the ICOs out there have none / very few of the basic fundamentals.
Does that mean we should have a regulatory agency decide which ones are good or bad? No. It will require more maturity among investors in identifying Ponzis.
The best way to learn which ICOs are worth it is to lose money. Waiting for the wash-out. When these people promise great riches, they usually mean for themselves. If you have a viable product... build it first and they will come!
I do not treat these technologies as investments but learning opportunities. This is part of a talk which took place on March 20th 2017 at the Singapore Management University for the Singapore Bitcoin & Ethereum meetups: https://www.meetup.com/BitcoinSingapo...
Curtesy of Andreas Antonopoulos : https://www.youtube.com/channel/UCJWC...
TAGS :
bitcoin , mining , mining bitcoin , what is bitcoin , what is bitcoin , mining , ethereum , bitcoin mining hardware , bitcoin price , bitcoins, mining bitcoins , ethereum mining , asic , bitcoin mine , whattomine , zcash , gtx 1060 , bitcoin mining 2017 , rx 470 , andreas antonopoulos bitcoin , bitcoin , andreas antonopoulos twitter , andreas m. antonopoulos , andreas antonopoulos , bitcoin , andreas antonopoulos bitcoin , joe rogan andreas antonopoulos , andreas m. antonopoulos , bitcoin price prediction 2017 , ethereum price prediction , ethereum , ethereum price , bitcoin price prediction 2018 , bitcoin price prediction 2020 , bitcoin price chart , litecoin price prediction , bitcoin value , btc price , bitcoin price prediction today , bitcoin news , bitcoin cash , bitcoin cash price , prediction bitcoin price prediction 2016 , bitcoin price prediction 2025 , bitcoin price prediction 2030 , bitcoin cash , bitcoin cash price prediction , bitcoin price prediction 2018 , ethereum price , ethereum price prediction , ethereum , bitcoin price prediction 2025 , bitcoin price prediction 2017 , bitcoin price prediction 2030 , png ico , icon ico , icon , png , to ico , the ico , ico coin , convert ico , ico file , convert to ico , bitcoin , ico bitcoin , ico 2017 , ico converter , ethereum ico , ethereum , ico token , me ico , favicon , favicon ico , ico download , what is ico , icons , cryptocurrency ico , cryptocurrency , ico crypto , tezos , tezos ico ,bancor ico ,bancor , enigma , enigma ico , kyber ico , tenx , tenx ico , kyber , filecoin ico , filecoin , red pulse ico , monetha ico , stox ico , myetherwallet , chainlink ico , chainlink , sonm ico , bankera ico , omisego ico , bankera , polybius , unikrn ico , mobilego ico , ico initial coin offering , ico , antonopoulos , andreas antonopoulos , bitcoin , shadow of the colossus ,
ico gameplay , ico ps2 , the last guardian , tezos ico , eos ico , status ico , what is ico , civic ico , mia khalifa ico , ico news , ico calendar , list of icos , initial coin offering list , ico initial coin offering , ico meaning , ico cryptocurrency , ico bitcoin , ico ethereum , cryptocurrency ico list , initial coin offering 2017 , ico coin
An unregulated means by which funds are raised for a new cryptocurrency venture. An Initial Coin Offering (ICO) is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin. Also called an Initial Public Coin Offering (IPCO).
Read more: Initial Coin Offering (ICO) http://www.investopedia.com/terms/i/i...
Follow us: Investopedia on Facebook
There was some great advise from Andreas before you invest in ICOs.
What are your thoughts on initial coin offerings (ICOs)?
Are there any you are interested in? In the future, the possibility of funding new initiatives and creating ventures on a global basis without the traditional limitations, is going to open up new opportunities for companies. However, investors will first have to swim in waters infested with unscrupulous people and their Ponzi scheme shitcoins.
The primary purpose of an ICO should be to fund a worthwhile product or project that is already achieving success, not to "generate value" or "take growth to the next level." I'm sure there are some that are very interesting, but at least 95% of the ICOs out there have none / very few of the basic fundamentals.
Does that mean we should have a regulatory agency decide which ones are good or bad? No. It will require more maturity among investors in identifying Ponzis.
The best way to learn which ICOs are worth it is to lose money. Waiting for the wash-out. When these people promise great riches, they usually mean for themselves. If you have a viable product... build it first and they will come!
I do not treat these technologies as investments but learning opportunities. This is part of a talk which took place on March 20th 2017 at the Singapore Management University for the Singapore Bitcoin & Ethereum meetups: https://www.meetup.com/BitcoinSingapo...
Curtesy of Andreas Antonopoulos : https://www.youtube.com/channel/UCJWC...
TAGS :
bitcoin , mining , mining bitcoin , what is bitcoin , what is bitcoin , mining , ethereum , bitcoin mining hardware , bitcoin price , bitcoins, mining bitcoins , ethereum mining , asic , bitcoin mine , whattomine , zcash , gtx 1060 , bitcoin mining 2017 , rx 470 , andreas antonopoulos bitcoin , bitcoin , andreas antonopoulos twitter , andreas m. antonopoulos , andreas antonopoulos , bitcoin , andreas antonopoulos bitcoin , joe rogan andreas antonopoulos , andreas m. antonopoulos , bitcoin price prediction 2017 , ethereum price prediction , ethereum , ethereum price , bitcoin price prediction 2018 , bitcoin price prediction 2020 , bitcoin price chart , litecoin price prediction , bitcoin value , btc price , bitcoin price prediction today , bitcoin news , bitcoin cash , bitcoin cash price , prediction bitcoin price prediction 2016 , bitcoin price prediction 2025 , bitcoin price prediction 2030 , bitcoin cash , bitcoin cash price prediction , bitcoin price prediction 2018 , ethereum price , ethereum price prediction , ethereum , bitcoin price prediction 2025 , bitcoin price prediction 2017 , bitcoin price prediction 2030 , png ico , icon ico , icon , png , to ico , the ico , ico coin , convert ico , ico file , convert to ico , bitcoin , ico bitcoin , ico 2017 , ico converter , ethereum ico , ethereum , ico token , me ico , favicon , favicon ico , ico download , what is ico , icons , cryptocurrency ico , cryptocurrency , ico crypto , tezos , tezos ico ,bancor ico ,bancor , enigma , enigma ico , kyber ico , tenx , tenx ico , kyber , filecoin ico , filecoin , red pulse ico , monetha ico , stox ico , myetherwallet , chainlink ico , chainlink , sonm ico , bankera ico , omisego ico , bankera , polybius , unikrn ico , mobilego ico , ico initial coin offering , ico , antonopoulos , andreas antonopoulos , bitcoin , shadow of the colossus ,
ico gameplay , ico ps2 , the last guardian , tezos ico , eos ico , status ico , what is ico , civic ico , mia khalifa ico , ico news , ico calendar , list of icos , initial coin offering list , ico initial coin offering , ico meaning , ico cryptocurrency , ico bitcoin , ico ethereum , cryptocurrency ico list , initial coin offering 2017 , ico coin
No comments