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The New Kid on the Block: ICOs

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Mardi 26/3/2019
Gunther Wuyts

Initial coin offerings (ICOs) extend the universe of funding sources for firms. Indeed, ICOs are a fast, cheap and convenient way to raise for firms. Also, they offer a number of potential benefits for investors such as access to a product or service or financial gain. Moreover, ICOs eliminate the need for a trusted intermediary by recording smart contracts in a public and immutable blockchain. Despite this claim and its advantages, however, ICOs still require a leap of faith from investors as important risks should not be overlooked.