Post
Topic
Board Altcoin Discussion
Re: What are advantages of ICO crowdfunding?
by
matthewcampbell
on 12/10/2017, 09:35:42 UTC
What are advantages of ICO crowdfunding? Why is it better than a standard project funding?
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It allows projects to fund themselves without traditional VCs, so they can don't have the same limitations. So they can focus on some goal other then just pure greed. Look at the Ethereum foundation, they use the money to pay for open source projects and documentation to help the community. They don't have to worry about optimizing squeezing users, like a traditional company would