Why so few ICOs from Silicon Valley?

[triads]

Why do you think so few ICOs are out of Silicon Valley??

Silicon Valley obviously led the last wave of tech development (roughly 1990 - 2010). There's a great deal of entrepreneurship there. There's one of the highest concentration of code developers there, if not the highest concentration in the world. There's venture cap, there's incubators, there's just about everything you should need to be leading the next wave.

And yet... so many of the ICOs are not from the San Fran bay area! In fact, most of the really big, promising ones are not even remotely related to California and often not even the USA. Why do you guys think that is??

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[invest2lose]

because they are too busy slaving away at amazon

[ticterine]

Because most ICOs only exist to circumvent the securities laws in the US. If you have a legitimate business idea in SV you can get much more money going the traditional route of VCs.

[VladislavP]

I know at least 3 projects from Silicon Valley. I think there are a lot projects which are correlated with SV.

[triads]

because they are too busy slaving away at amazon

Haha... I might agree, except Amazon is located in Seattle, not Silicon Valley.

Seriously though, has the US lost it's edge?

[triads]

I know at least 3 projects from Silicon Valley. I think there are a lot projects which are correlated with SV.

What are those 3 projects?

[VTS]

I too wonder why not more of them. Usually they are everywhere there, where a tech bubble can be pumped...

[Freedom Force]

ICOs have not had a good reputation lately... it's the fault of scammers and, of course, of people investing in their schemes.
Silicon Valley entrepreneurs have always had opportunities to use other methods to raise funds, and I think the vast majority of them will continue to use such methods for a long time.

[bosses]

I think that many projects are somehow associated with Silicon Valley

[cenicsoft]

SV doesn't have the same high level concentration of blockchain experts as other types of developers. Blockchain based companies are just now starting to become more mature and the market is growing. SV VCs like huge markets. While growing, Blockchain just isn't there yet in terms of mainstream adoption.

I'm sure you'll start to see more projects get launched in SV as time goes on. However, with successful ICOs, you don't really need SV VCs so there's not a lot of reason to move there especially when you can build a global company in a much less expensive market. Attracting developers may still be a challenge outside of SV, but if the blockchain experts aren't there now, then it's no different than the challenge of recruiting them elsewhere.

[triads]

Thanks for the many responses.   If anyone knows of any ICOs that are actually associated with Silicon Valley, please list them!

[juicejoyce]

I think the main reasons are:
1) The American government ban the ICO.
2) They are busy with a lot of creative ideas and investment.

[KillyGon]

because Silicon Valley , central is big technology industry and starup company
the big company, amazon, google and more have office in there

so can incraese brand use from silicon valley

but iam not understand why youre write ico from silicon valley, in USA ico project not support in there

[triads]

but iam not understand why youre write ico from silicon valley, in USA ico project not support in there

That's a common misconception.  The SEC did not ban ICOs in the USA.
They issued guidance saying that any ICO that qualifies as a Security needs
to be registered.  They gave the example of the DAO as such an ICO.

However, ICOs are still allowed and don't have to be registered. They just need
to pass the Howey Test.  The exact details of that are a bit much for just this
thread, but suffice to say ICOs have not been banned in the USA.

[nareshrohra]

Probably because of the regulations recently imposed by SEC. You will need time to hire lawyer, understand regulations and formalise the T&C. Alternatively, you can run the ICO from another country.

[bobsav2121]

Open Money is based in silicon valley San Francisco, along with Civic. I have invested in Civic and will plan to invest in Open Money because of their team and also because they are located in Silicon Valley.

It's hard to pull a scam in Silicon Valley because your reputation travels very far here. I'd suggest investors purely to invest in Silicon Valley ICO projects.

[triads]

Open Money is based in silicon valley San Francisco, along with Civic. I have invested in Civic and will plan to invest in Open Money because of their team and also because they are located in Silicon Valley.

It's hard to pull a scam in Silicon Valley because your reputation travels very far here. I'd suggest investors purely to invest in Silicon Valley ICO projects.

Yes, Civic was a solid project.  But Open Money... I'm not so sure about.  You can see some of the
criticisms about Open Money on this thread.

   https://bitcointalk.org/index.php?topic=2167058.0

Generally though, I'd agree that SV projects are higher quality and less likely to be scams.

[NateBronson]

but iam not understand why youre write ico from silicon valley, in USA ico project not support in there

However, ICOs are still allowed and don't have to be registered. They just need
to pass the Howey Test.  The exact details of that are a bit much for just this
thread, but suffice to say ICOs have not been banned in the USA.

Go on...

[Spoetnik]

Because ICO's are pyramid schemes.

[vfrcbv91]

They are still doing crowdfunding, not ICO.... Old-fashioned actually, I think they are just afraid of risks.