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RE: ICOs to Raise Debt, Not Equity - An Alternate Funding Strategy
Great post! A consideration for the issuer though is the fixed payment in ETH. If ETH moons, the cost of that capital increases substantially so it may be better to pay in the token issued or a stable token. Very interesting concept as the potential is great.
Yes, there will be exchange risk if you are using something like USD as your monetary base and dealing in ETH.
Could be interesting is the stablecoin has come sort of scandal and crashes in value 😂 Tether went through something like that a few months back (related to Bitfinex). I guess that as crypto markets mature that sort of risk will diminish. I like the underlying idea of the original post.