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Comments on post “CoinList”
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Ben Tossell
@bentossell · Community Lead, Product Hunt
If you've been paying attention in the crypto world, you will be aware of the new form of funding: ICOs (Initial Coin Offerings) and they have been raising more money than VCs this year! Check out this piece on Forbes for more details AngelList and Protocol Labs have launched CoinList: a new platform for token-based networks to reach investors and raise money for the development of the project. The first ICO on the platform will be for Filecoin, sometime in the next few weeks. Quote from @naval on the Forbes article: “ICOs are obviously a new and interesting form of funding for blockchain-based protocols,” Naval Ravikant, the CEO and cofounder of AngelList, and an investor in Protocol Labs, wrote via email. “But it's not clear that all of them comply with U.S. securities laws or that all of them are companies that have good native use cases for new coins.” Then, referring to Filecoin, the inaugural ICO on CoinList, he wrote, “So, we wanted to use a high-quality coin and team to trailblaze a legal and compliant ICO.”
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