Post
Topic
Board Tokens (Altcoins)
Re: [ANN] IdeaFeX --- Marketplace for Tokenized Real-World Assets [Q&A]
by
IdeaFex_Support
on 18/04/2019, 09:50:04 UTC
Why are you doing ICO not ipo?

Short answer: we're not at the point where IPO would make sense.

Long answer: We see ICO as a means to build community while raising venture funding. IPO, on the other hand, is frequently used for initial investors, particularly VCs, to exit. Moreover, IPO can be overwhelmingly lengthy and expensive. It certainly is not suitable for us.

If you meant STO, please refer to the ICO series published by our CEO, Dr Jiulin Teng, for our view on the tradeoffs:

https://medium.com/@IdeaFeX/ico-more-important-than-ever-cb9502aa582d

https://medium.com/@IdeaFeX/ico-the-danger-of-over-regulation-ce454c5ebc49

https://medium.com/@IdeaFeX/ico-scams-highlight-issues-beyond-crypto-28db801062c2

The last article is forthcoming. It will focus on the community-building mechanisms that is truly innovative and unique in ICOs.