Today's guest is Joshua Tallguy from Vaultoro.com which is a " global gold and Bitcoin marketplace". He recently decided on VC funding for his startup rather than doing an ICO, and we discuss why that was including other pros and cons of the heated ICO vs VC funding methods.
This was the “Year of Bitcoin” but also the year which the term “ICO” became well-known and grabbed the headlines of the legacy media across the world.
Website: http://libertyentrepreneurs.com/ICOvsVC
Seemingly out of nowhere, crypto teams could raise MILLIONS by issuing their own tokens and fund their development for years. The amount of money raised in 2017 by ICOs, so far, is ~$4,000,000,000 ($4 Billion).
With this new ICO opportunity, a decision has to be made when planning your raise. Use the more traditional VC model or use the new blockchain-based ICO method.
Contact Info:
Guest: Joshua Scigala
Email: [email protected]
Website: https://www.vaultoro.com/
Twitter: @vaultoro
Podcast Resources:
Previous interview with Joshua Scigala:
Episode 35 - http://libertyentrepreneurs.com/2016/05/le35-josh-scigala-bitcoin-enhances-gold/
Question: Would you prefer if we uploaded to @Dtube and posted the link to that video rather than our standard YouTube link?
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Yes I prefer that!
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Thanks for the great show. If anyone has any questions, please feel free to reach out at any time.
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it was a wonderful show :) Thx again for coming on.
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