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A company that develops a blockchain-based product/service is not necessarily an ICO company officially for administrative and legal reasons. For example, in th
by yohann305 9y ago
A company that develops a blockchain-based product/service is not necessarily an ICO company officially for administrative and legal reasons. For example, in the USA, company A can release a product B via ICO. The product has an ICO structure, but company A is legally a "corporation" with shareholders, doing business as usual. Looking at the issue that way, developers will receive their shares/options as it has been done in the past. Hope this makes sense.
Note: This is definitely not the only way companies are structured.
- wenbin 9y agoOkay, so they still make money through traditional centralized things. They do blockchain just like they are doing open source software, where they can't earn cash flow.