06-11-2017 13:53 via newsbtc.com

Monaize-Komodo to launch a decentralized initial coin offering, cutting the middleman out of ICOs forever.

The money raised by initial coin offerings (ICOs) has now surpassed early stage venture capital (VC) funding. As of August 2017, the amount raised was US$ 1.2 bln according to CNBC. ICOs are now an accepted way out for startups who would like to raise funds to get their projects off the ground. Yet, what exactly is an ICO? The Economist perhaps has come up with a decent enough definition, “ICO “coins” are essentially digital coupons, tokens issued on an indelible distributed le
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