"Tokens should be thought of primarily as a product feature rather than a funding mechanism"

in #bitcoin6 years ago (edited)

1.jpg

A great article I came across posted by a former Coinbase employee, less than 2 months before the DAO Report release by the US SEC.

https://thecontrol.co/tokens-tokens-and-more-tokens-d4b177fbb443

I'd like to reiterate the sentence:

"Tokens should be thought of primarily as a product feature rather than a funding mechanism"

My message for startups and entrepreneurs:

  • think of how your token will power your company and back your product first, then think of how much $$ crowdfunding (ICO) is realistically needed

Coin Marketplace

STEEM 0.19
TRX 0.13
JST 0.030
BTC 60191.28
ETH 3302.01
USDT 1.00
SBD 2.36