BLOCKCHAIN
“ The dream of crypto is to remove borders and barriers to allow you to become an active participant in these new economic models ”
— Keld van Schreven Managing Partner and Co-Founder of KR1 plc
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The crypto business is slowly coming out of the big bear market but nonetheless , exciting new blockchain projects still have fairly good access to capital from hundreds of crypto funds and investors . These projects are being funded by a combination of equity for tokens , pure equity or a token sale via newer Initial Exchange Offerings ( IEO ) rather than Initial Coin Offerings ( ICO ). This is mainly due to regulatory fears . The recent Ampleforth ( previously called
Fragments ) IEO on Bitfinex sold out USD $ 5mn in eleven seconds . IEOs are a more centralised form of an ICO and does not have such borderless and anonymous investment opportunity as an ICO . It also gives a security risk in more hostile regimes as you have to undertake Know Your Customer ( KYC ) to invest . The dream of crypto is to remove borders and barriers to allow you to become an active participant in these new economic models . This is why the ICO was so successful , an IEO
AUGUST 2019