According to the Merriam-Wester dictionary, a utility token is “a digital token of cryptocurrency that is issued to fund the development of the cryptocurrency, and which can be later used to purchase goods and services offered by the issuer of the cryptocurrency.” In...
2017 was the year of initial coin offering (ICO), a new way of fundraising. Since then, more than $30 billion have been raised for businesses of all sizes, from pre-product start-ups to companies with publicly traded equities on traditional stock markets. This...
Tokenization is the process of issuing blockchain tokens- security tokens in particular- that digitally represent real tradable assets. It can be likened to the traditional process of securitization, with a modern twist. Asset-backed tokens (ABTs) are created via a...
Though investors made billions of dollars by investing in Initial Coin Offerings (ICOs) in 2017, most of them were unsafe. According to a survey by the Satis Group, as a percentage of the total number of ICOs, 78% of them were classified as scams, 4% failed, 3% went...
Fundraising has been taking place for as long as people have been using money to carry out business transactions. For many years, the options available have grown from self-funding and peer-to-peer loans to early applications of what we now call angel investors, bank...
