The Crypto VC List - 2022
293 Views01 Sep 2022 00:49
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- An alternative to ICOs that actually vets projects is needed. That is why Peer, a Web3 social network and blockchain company, recently announced an alternative to the Initial Coin Offering (ICO) called the Initial Coin Exchange (ICX).
- The ICX provides a framework for an evidence-based fundraising standard for established blockchains and decentralized apps that promotes responsible innovation, global participation, and rapid validation.
- Essentially, an ICX is for crypto companies and projects past the prototyping phase and looking for their next round of funding before seeking seed-stage investors.
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