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RE: Costs to launch an ICO

in #blockchain7 years ago

Fair points all around @grizgal. My post (https://steemit.com/ico/@quantalysus/crypto-files-the-ico-paradox) dives into topic to some degree. Ultimately what is the business model after raising funds from an ICO. Presumably, it's to build a product or network that returns value to said community. Businesses have long measured value in the form of a financial return. Crypto assets should have a very similar expectation of return. Sia Coin actually has a dual token structure. One is a utility token that is meant to have an attractive price to compete with it's centralized competitors and another that entitles one to financial gains (fiat and crypto transaction fees alike). I think the dual token structure makes more sense than a utility token that also has an expectation of financial returns. The two traits are incompatible in my view.