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March 13, 2018 Siacoin

The ICO Paradox — and how to fix it.

Siacoin Blog

Today’s ICOs are deeply flawed and lack the right incentives.
Tokenized Securities Offerings (TSOs) are the solution.

At Sia, we have closely watched over the last year as billions of dollars flow into ICOs. We believe the concept of a token sale is highly innovative, and that offering tokens directly to investors brings numerous benefits. We believe token sales are the future of fundraising and will ultimately displace our traditional systems.

But we have been lately troubled — not merely by the large amounts raised by teams who have delivered nothing but white papers, but also by the perverse incentives that accompany raising capital

Read the full article >>

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