Post
Topic
Board Altcoin Discussion
Re: Fund raising through an ICO
by
gunhell16
on 10/04/2018, 19:24:05 UTC
Is it possible for a company to raise funds through an ICO even if it is not a startup?  Huh  For example: Say company X manufactures chocolates but now it wants to further expand its operations and needs funds for it, can it opt for ICO instead of a Private Equity fund or a Bank Debt?
Please help I am a complete newbie and this concept is confusing me a lot  Roll Eyes
Thanks

It CAN, this is what really ICO (INITIAL COIN OFFERING) do to businesses.
they are launching their own coins or tokens to have fundraising and get into a good business.
But of course you need to dish it out and make it a better platform to do for the people have interest in your future business.