The New Startup: How to Build a Company Through Token Sales and ICO's
summary
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.
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chapters (6)
- 0:00Introduction and speaker welcome
- 1:05History of startups and ICOs
- 9:13Problems with traditional VC funding
- 11:21Understanding ICOs and tokens
- 15:16ICOs as the future of fundraising
- 18:46Call to action for local ICOs








