Some VCs are eager to jump into ICOs, but a host of challenges remain

 Venture capitalists are in a rare pickle. Companies have raised more than $1.7 billion through initial coin offerings, or ICOs, this year, by selling their own customized virtual currencies. For the companies, the trend is a godsend. They can raise the money and use it to fuel new projects without having to give away a piece of their company to venture capitalists. People who believe in the… Read More

from iFeeltech IT News Mix4 https://techcrunch.com/2017/09/29/some-vcs-are-eager-to-jump-into-icos-but-a-host-of-challenges-remain/?ncid=rss

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