In tandem with the surge in value of Bitcoin and other cryptocurrencies, Initial Coin Offerings (ICO), the new form of investment that relies on blockchain (the technology underlying Bitcoin), are also gaining traction. Blockchain startups are raising millions in ICOs without going through the tough and cruel Silicon Valley VC process, and every major media outlet is talking about them.
When we first covered Initial Coin Offerings on TechTalks past December, we weren’t very sure about their future. At this stage, they’re still widely viewed with skepticism (as is everything else that relates to cryptocurrencies). But it looks like ICOs are here to stay, unless they bubble as some have predicted. Continue reading