As a crypto-developer working in the blockchain space, my primary company has opted to do an ICO as part of its operations.
The company has existing VC backing of between 4-10 million, and the project would benefit from blockchain - for one aspect.
By no means is a new token necessary, but that fact seems to have been side-stepped.
The product exists, and perceivably the token could be usable upon issuance...
I enjoy working on the crypto for the project, but I concern myself with the eventual legalities of the ICO and how it might change the companies incentives internally.
I have bills to pay, leaving on principle alone isn't viable for me, but, if it could impact on my family, I will.
I am not a lawyer, and the answers don't appear to be black and white.
I enjoy working on the crypto for the project, but I concern myself with the eventual legalities of the ICO and how it might change the companies incentives internally.
I have bills to pay, leaving on principle alone isn't viable for me, but, if it could impact on my family, I will.
I am not a lawyer, and the answers don't appear to be black and white.