4 ms·
If you take a look at startups raising money with ICOs, they are usually based in some sort of exotic country in Asia or something like Gibraltar. I think there
by richardknop 9y ago
If you take a look at startups raising money with ICOs, they are usually based in some sort of exotic country in Asia or something like Gibraltar. I think there are couple of reasons for this.
1) Tax avoidance
2) "Safe" jurisdictions (so they don't have to worry about any repercussions in case they just run away with the money)