Initial Coin Offerings

“We had almost 10,000 crypto investors. None, none other ICOs have that many. Usually it's like a couple of hundreds of big whales, and that's it. In our case, it's real crowdsale.”

“Because first I think a lot of those ICOs are actually not legal. So from a legal point of view, you're actually like issuing securities, some of them, not all of them.”

“I think a lot of the ICOs we see right now is people who do not understand what they are doing getting convinced by marketing people to put money into something they don't understand, and then those startups raise much more money than they actually need.”

“He did a five million dollar ICO, or token issuance, and then liquidated 80% of it immediately, so he converted four million dollars into United States dollars that he put into his bank account.”

“There are going to be people that Make a shit ton of money on this, and it's gonna be how they handle, how regulators handle it after the fact that determines how wealthy they stay, but this is how people make a lot of money”

“We have not. It's something that we're talking about. We're kind of seeing the momentum around it.”

“More than 90% of these ICOs will fail. That's what I foresee. I mean, it's really obvious.”

“I'm not involved in any of the ICOs. I've spoken against investing in the ICOs, and in fact, I'm not really interested in cryptocurrencies as an investment vehicle.”

“Yes, so you basically build a community because on, on, on a good ICO, you have 5000 investors. So you're talking to a lot of people, and they are not investors, they're contributors, but 5000 people put money into these early token,”

“Because people, same reason as any startup team cannot deliver what they said on a business plan or white paper that they will, you know, then they actually didn't have the market that they thought. It wasn't real need. You know, it wasn't real problem. They t…”

“Well, see, my thing is, is I think the reason on that all these ICOs are being valued so highly is because people are drinking the crypto hype, not the first blood vision hype. So people are just pouring money into crypto wherever they can, and it's driving al…”

“First of all, two years ago, this whole opportunity of raising money in millions without giving away equity didn't exist. So this is all new thing. This is, you know, new amazing thing, you know from the crypto heaven that comes to startups, that they can rais…”

“We raised the world's very first venture fund via an ICO. So we limited the size. We capped it at just a small, ten million dollar offering to make sure that, you know, we can mitigate, mitigate risk there. And make sure that it's successful. That offering, th…”

“The other thing is, a lot of these are ICOs, but no one's answered the question, what happens when that ICO money runs out? There's no ongoing source of revenue for these projects to sustain themselves for the long term.”

“You know, we avoid the term ICO precisely because we don't want to associate it with a security offering.”

“We are looking into it very actively. But you know, it all depends.”

“Now, even these days, you know, exchanges are offering capital for ICOs.”

“If you want to go with a bank, like for example, Silicon Valley bank, you know, you need to go through six months of compliance in order to do an ICO.”

“You know, for them, the SaaS business is probably the only way a software model is going to work, but it's going to transform itself into the ICO model, which is the blockchain, because it's the logical progression, you know, internet, one point O internet, tw…”

“Well, so, I mean, to be really clear, we'll never do an ICO, right? We're never going to sell tokens to the public. We, the only way you can get our token is to earn it, is to help us build the network, right?”

“I don't know, because we had, I think, lots of dependency on ICO back in the day, and it was kind of a little bit of unstable, I think. So we didn't get a very good multiplicator, to be honest.”