Is it possible for a company to raise funds through an ICO even if it is not a startup? 
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
Thanks
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
Thanks
ICO Merculet
ICO DETAILS
MVP notation
Type: ERC 20
Hardcap: 31000 ETH
ICO 1 ETH = 87500 MVP (bonus with 20% bonus)
Total supply: $ 10 billion
Distribution: 35% for development funds, 15% for marketing, 30% for ICO, 20% for development teams and consultants.
DEVELOP TEAM
Overall, the 10-member development team has a wealth of experience from large companies such as HP, EMC, SAP. Some of the prominent members in the development team are.
Ivan Jiang, project lead, led by Hewlett-Packard HP China, HP Silicon Valley, SAP chief engineer, SAP Cloud acceleration
Shen Jun Zhang, CTO of the project has more than 12 years of experience in the field of information technology, wall work for many large companies in the world such as HP, SAP, EMC. Currently CTO of Magic Windown, in charge of developing services on the phone
Jerry Gao, CPO of the project has more than 10 years of experience in the design of interfaces for telephony products, served as Data Solution Solution Consultant Vivaki