If you are an entrepreneur, a business owner, or launching a startup, one of your major quests is that of raising sufficient funds to launch your venture. In the last few years a new fund raising vehicle has become available: the Initial Coin Offering (ICO)
There are many variations of this means of funding: Initial Coin Offering, Token Generation Events, Token Sales, Airdrops and more. Each have regulatory implications, which are also dependent on your jurisdiction of choice too.
When resorting to ICOs and similar means, you must take care of many aspects, such as:
- Regulatory Compliance
- White Paper
- Token Models / Token Economics
- Smart Contracts (auditing, development)
- Cryptographic Security and Security Standards
While there are many challenges, the advisory services of ChainStrategies will give you guidance to successfully fund your business through ICOs and the likes.
To know more about how you can fund your business like this, get in touch with ChainStrategies today.