Quote from: alexforneus on July 24, 2019, 04:38:46 PM

Quote from: Rockie1234 on July 24, 2019, 02:34:54 PM

Let's say hypothetically I were to make a non-profit ICO tomorrow. The idea is good, the money will be spent well and the team is solid, with plans to fund the creation of products and funding of external organisations in an altruistic sense. Revenues would come from membership of the organisation and selling of a few products, with all money reinvested or saved.

Would you be prepared to invest in a project like this as opposed to one that makes profit/is a company? And what role could the project's cryptocurrency play in such a situation? Should such a group be a DAO?

Your thoughts are greatly appreciated.

Better invest in charitable foundation than in non profit iCO i guess

That is what I mean, wages paid, non-profit was probably the wrong wording.