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I'm missing something huge here. What is the relationship between the tokens people get as part of the ICO, and the product(s) being made by the company doing t
by sopooneo 9y ago
I'm missing something huge here. What is the relationship between the tokens people get as part of the ICO, and the product(s) being made by the company doing the ICO?
I've heard this described as bing similar to an IPO. But in that case, you are buying part of the company. Is there any similarity here?
- gruez 9y agoyou're not getting a stake. you're getting tokens that can be used in the new system. the idea goes that if the system succeeds, the tokens will be worth something, at which point you sell for a profit. straight up selling stake in the business is a no-no because it would run afowl of the SEC