Post
Topic
Board Project Development
Re: [ NEED YOUR OPINION ] Guarantee Fund for investments in Initial Coin Offerings.
by
Whitly
on 08/11/2018, 09:35:39 UTC
And who will be the custodian of the funds?

That's one of the problems what I see now and also how to escrow funds.

Do you think that ICO is willing to participate in this kind of funding?

"Marketing side,  participating in this fund will be plus for projects, since everyone will understand, that the projects in this fund comply with high standards and also if something will happen with projects, they can expect to receive their money back from this fund."

Who will make the decision to accept or reject? And how can we know that a project will likely less to fail (or succeed) for that matter? We still don't know enough matrix to say that this project will drastically change the landscape of the crypto verse so that alone will leave doubts about this so called guarantee funding.

I think it's possible, just needed people who have enough knowledge and experience. Also, get necessary knowledge base and set certain standards possible based on past ICOs, that were successful or not.

And NO, that's won't be a place that will say "Invest in this ICO and multiple your coins in "X"  times. This "Fund" will just give guarantees, that you will able to get your money back with profit or without from ICOs participate in this kind of funding. Otherwise, you can expect to get your money back from this Fund. So, you have a chance to invest in other ICOs without having any guarantees to get at least amount, you invested back or do relatively "safe" investments in ICOs that participate in this fund.