February 2018
Intermediate to advanced
288 pages
6h 58m
English
Content preview from Ethereum Smart Contract Development
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The ICO story
A video log exists on YouTube at the following link:
https://www.youtube.com/watch?v=4bMf4xZg_4U&feature=youtu.be&t=4m19s
At the time of writing, it has gathered only 285 views. This is a clip from the Bitcoin 2013 conference in San Jose. At 4:19 in the clip, a panelist posed an idea he about developing a new protocol on top of the bitcoin blockchain protocol with some new X, Y, and Z features, using a group of trustworthy software developers. He also emphasized that he wanted to create this start-up without going to any venture capital firms. Rather, he would release a few tokens that the mass crowd could buy as an investment, which will act as the kick-starter fund. The value of these tokens will increase as the start-up grows, ...