~/talk

The New Startup: How to Build a Company Through Token Sales and ICO's

Talkat Techsylvania 2018 · 2018-06-09..06-12· [web3]
links:none on file
slides:none on file

Claims that ICOs are here to stay, usually awful, and worth doing only if risk-tolerant; best-performing launches pair a technical founder and a blockchain programmer while the worst are marketer-driven. Mechanism: mint tokens via smart contracts (recommendation mentioned to use Stellar), sell them like casino chips with zero intrinsic value and hope utility or market demand raises price — examples given of selling at $0.05 then trading at $0.07. Reported outlier raises reach $80 million, often messy and regulatory risky.

AI-written summary · about

  1. 0:00Introduction and speaker welcome
  2. 1:05History of startups and ICOs
  3. 9:13Problems with traditional VC funding
  4. 11:21Understanding ICOs and tokens
  5. 15:16ICOs as the future of fundraising
  6. 18:46Call to action for local ICOs
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