Bitcoin and Altcoins Have Changed the Way Startups Raise FundsCryptocurrencies are now finding an attractive use case in the startup ecosystems., But this time it doesn’t concern Bitcoin or other cryptocurrency related products and services. Many technology startups across the world are gradually shifting to cryptocurrency crowdsales and ICOs for raising the much-required funds.
The ICOs and crowdsale, where individuals and institutions opt to buy cryptotokens issued by a startup or a project makes fundraising much simpler for entrepreneurs and reduces the risk burden associated with investments into startups for venture capital and angel investors. The shifting trend also has a name, “Token Economy”.
http://www.newsbtc.com/2017/05/30/bitcoin-altcoins-changed-way-startups-raise-funds/
