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You only have to hit “view all” on Coinmarketcap to see the explosion of cryptocurrencies over recent years and months. While half of 2017’s ICOs have already hit the hay (and plenty more will follow), innovation is still booming in this sector–as well as a lot of noise. And it seems like the ICO fundraising […]
The post Bucking a Trend: What Is a Reverse ICO? appeared first on NullTX.
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It has become apparent that companies tend to take the ICO funding route these days. If the Telegram ICO is any indication, the focus is now on issuing native tokens to sell to VCs and accredited investors. It seems Kakao wants to do the exact same thing, and it’s labeled its crowdfunding effort a “reverse ICO”. The Rise of the Reverse ICO It is quite interesting to see how mainstream companies are trying to tackle the ICO industry as of right now. More specifically, companies – mainly tech giants – are more than eager to issue their own digital tokens these days, yet they are notPowered by WPeMatico