Post
Topic
Board Project Development
Re: Ideas for Funding Startup/Projects
by
Emerge
on 22/10/2016, 17:46:49 UTC
Hi All,

I'm looking for some community feedback on some ideas that I have. I'm starting a blockchain development company, BlockGuild. It will be focused on developing products for the community and products for customers and consulting services. I am also interested in cryptocurrencies for product development and  funding.

Initially, I've thought that some type of crowd-funding approach is an efficient way to find out if there is demand for products. The idea is to offer products on the market with some sort of buy-in with a token or coin. If it is funded then it is worth doing, and if it is not then there is no demand and it is not worth continued development. I am learning about ICO and ITO as a means to fund a project. My question is what other options are there for something like this? I don't want to be in the business of offering crappy coins and wasting people's time, I'm interested in funding and developing the startup and the products that people would find useful. Any suggestions or feedback is appreciated.

TIA,

Damien

Well, I suggest you look for a VC outside of the Bitcoin sector first. They usually fund people who are really into their work, unlike here, not many big people will take the time to read your proposal unless you've been here for a long time and have had prior background in the forum itself.