Will blockchain technology disrupt venture capital?
While not long ago that may have sound far-fetched, now more and more blockchain industry leaders are betting it could be a possibility.
Blockchain token sales – sometimes known as initial coin offerings or ‘ICOs’ – raised over $100m in funding in 2016, and as participation in these events increases, so does interest in what was once a niche blockchain use case.
Entrepreneurs are now seeking to leverage ICOs to quickly launch apps and gain users for software projects. At present, though, it still isn’t clear if the funding method’s full impact will be realized.
The industry seems divided on the future of blockchain token sales (with some questioning their legality altogether). Indeed, the very question of whether regulators should more strictly monitor the market has the potential to become a big focus ahead.
So, what are your thoughts on the ICO market? Why not click the link below and let us know in our quick survey?
The results of the survey will be analyzed and published in CoinDesk Research’s forthcoming State of Blockchain 2016 report.
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