|
Title: How to get funded if my startup is not implementing blockchain Post by: adamcro on February 24, 2018, 12:02:32 PM I have a startup which not related to blockchain and it doesn't need cryptocurrency. Is it possible to get funded via blockchain just as a regular startup?
In return investors will get equity just like in real life investments Title: Re: How to get funded if my startup is not implementing blockchain Post by: Skritney on February 24, 2018, 01:00:31 PM It could be done using your tokens as a security. This procedure would take more legal work and funds (at the start) to be compliant with monetary regulators. You will have some issues with listing your token on popular exchanges, because of security regulations.
Best of luck with the project! 8) Title: Re: How to get funded if my startup is not implementing blockchain Post by: adamcro on February 24, 2018, 06:22:52 PM It could be done using your tokens as a security. This procedure would take more legal work and funds (at the start) to be compliant with monetary regulators. You will have some issues with listing your token on popular exchanges, because of security regulations. Best of luck with the project! 8) What do you mean by "tokens as a security"? Title: Re: How to get funded if my startup is not implementing blockchain Post by: vincentvincent on February 24, 2018, 07:13:51 PM It means that you tokenize the shares in your company. And then you cal sell the tokens.
To get the idea: https://www.lykke.com/ico-platform There must be ways to do similar tokens with other platforms like ethereum, waves, ardor, etc Title: Re: How to get funded if my startup is not implementing blockchain Post by: Tipestry on February 24, 2018, 08:21:50 PM I don't know of any exchanges were you can legally trade tokens registered as securities yet. Overstock and a few others are building some but as far as I know none are live yet. Someone please correct me if I'm wrong.
Title: Re: How to get funded if my startup is not implementing blockchain Post by: drmarcobelli on February 24, 2018, 09:30:02 PM Yea it might work if your token is a security. Give google a search.
Also, check POA.network. They have an app that can help you a little bit. Good luck. Title: Re: How to get funded if my startup is not implementing blockchain Post by: adamcro on February 24, 2018, 10:15:52 PM I get it, this is some kind of accelerator or incubator in crypto world
Title: Re: How to get funded if my startup is not implementing blockchain Post by: audaciousbeing on February 25, 2018, 12:49:29 PM I have a startup which not related to blockchain and it doesn't need cryptocurrency. Is it possible to get funded via blockchain just as a regular startup? In return investors will get equity just like in real life investments The other option because over here the funds you can get are just have to be based on the blockchain, the token, or the coins, the control etc. You need to look outside the crypto world for funds and there are several depending on the location you are and how receptive is the government over there to startups. Over here, the attention is shifted towards raising of entrepreneurs which makes a lot of bodies and foundations set aside funds for such purpose. All you will need is to get to pitch your idea, if they found it worthy, they invest and I am sure it will be available from your end too. The process might be stressful but its worth it than going for bank loans which won't come any cheaper than the other option. |