Despite What You Hear, The ICO Is Not RIP – Forbes

Despite What You Hear, The ICO Is Not RIP  Forbes

Shutterstock The big news in cryptoland in 2017 was the rise of the Initial Coin Offering. The knowledge that something like this could be possible dates back to the early years of Bitcoin, but the dawning of the reality was quite awesome to behold. Anyone with an entrepreneurial idea could float a token and invite people to invest. The investment vehicle was not a broker or bank but a distributed platform that connect buyers and sellers. What they got in return was not a stock or share in the profits but the rising value of the token itself. It’s a highly liquid stake in a protocol. Small ...