Are Big Crypto Token Sales Really Over? At Republic Event, Many Think So
According to Nelson Chu of Cadence, a company developing a security token, entrepreneurs and projects are finally seeing the weight of regulation.
Schneider clarified he was only speaking for himself, saying, "I think, as a company, we have a pretty good idea what to do with it."
Georgia Quinn of CoinList floated the idea that many companies that ICO'ed should have raised money in a more traditional way.
Geoffrey Arone, a partner at Arrington XRP Capital, said on stage that he's taken meetings with very good companies, companies he believed could deliver, and still, he said, "I've turned them away when, with fair certainty, I can get this cheaper after it ICOs."
Still, most people at the event agreed that entrepreneurs don't need to raise huge amounts of money to be successful.
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