The Daily Dose

For most startups, fundraising is one of the biggest hurdles to overcome. After all, putting money into a seed or even pre-seed round is a position of big risk/big reward, with most not willing to take the chance unless there’s a proven market fit or potential. Unfortunately, this pattern can sometimes create an environment that favors tried-and-true over new pioneers, as both the entrepreneur and investor are looking for a “safe bet.” However, ICOs are looking to change all of that. An ICO, or Initial Coin Offering, works similar to a stock’s IPO (initial public offering), only as an unregulated…

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