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where did you see ICO? tokens for employees are not the same as public offerings
by arisAlexis 8y ago
where did you see ICO? tokens for employees are not the same as public offerings
- baby 8y agothere is no private/public tokens concept in Ethereum. You can have a pre-sale, a locking period, etc. but eventually what you're doing is creating a sub-cryptocurrency and giving some of the token/coin you're creating to people. After that your contract defines a time where transactions are allowed, or you can create a switch, but I see 0 reasons to keep the switch OFF.
- arisAlexis 8y agoI am an Ethereum developer thank you. I did not talk about private tokens I said the offering is not public. The company can distribute the tokens to their employees as a liquid equity and promise they will redeem them for a certain equity or % of revenue. That's not an ICO