December 2018
Beginner to intermediate
564 pages
17h 34m
English
At the start of the ICO frenzy, it was common for projects to be able to raise money with only a whitepaper, a team, and an idea that involved the blockchain. Very quickly, a number of projects raised money and either failed or were drawn into protracted legal disputes. As a result, the market matured and, increasingly, investors wish to see some level of working prototype before they will buy into an ICO. In many jurisdictions, having a working product makes the case for a utility token versus a security token more plausible and reduces the potential for legal issues later on.
The need for prototypes creates a barrier to entry for under-funded or non-funded projects, making them closer to traditional ...
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