With ICOs contributions reach almost the $2.5B mark, it’s quite clear that ICOs are changing the funding game for startups. But with such growth, it’s perhaps more important than ever that startups in the blockchain space are managing themselves in the correct way and with the upmost integrity
Wikipedia founder Jimmy Wales may think that initial coin offerings (ICOs) are an “absolute scam,” but, this summer, with ICOs contributions reach almost the $2.5 billion mark, it’s quite clear that ICOs are changing the funding game for startups.
With these numbers, it’s fair to say the blockchain industry is showing no signs of slowing down. But with such growth, it’s perhaps more important than ever that startups in the blockchain space are managing themselves in the correct way and with the utmost integrity – for their own good and to the benefit of their customers and investors, as well as the blockchain movement as a whole.
Indeed, the market may be steaming hot, but this does not mean that every startup will succeed. Several leading names in the blockchain and crypto ecosystem, as well as some of the most exciting new ICO projects, came together to share advice, innovation and inspiration at a recent meetup hosted in Barcelona by CryptoFriends.
Source/More: 4 Things Every New ICO Should Be Thinking About Right Now
