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RE: STARTA ICO - A Blockchain funded Startup Accelerator (& Happy July 4th!)

in #ico7 years ago

From what I understand that is tricky from a legal point of view in most countries - to get around this they will have a token buyback system. Presumably if the companies involved become very successful the token values will rise and they will buy back at a higher rate.

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Well in theory it would be like buying berkshire hathaway (lol a bit of an exxageration) -- itd be like buying a company that does a lot of M&A -- so say IBM or something. In theory you are leveraged because of market cap i suppose.

So this concept would have to not make mistakes and their assets would have to appreciate. IT will be an interesting mix!

Yes I think that is the difficulty with these sorts of concepts - they can't be too specific as they could get into regulatory difficulties. I think eventually these things will be ironed out but I suspect by the time that happens us regular people will no longer be in on the party and it will be the very rich and the banks who are funding these things! We are exchanging risk for a chance to get in on things which we would normally be excluded from is one way of looking at it I think.

They already are lol -- JP Morgan is getting in early and IBM is about to take the world by storm with their blockchain tech. My question is if the world has enough computing power to make this sustainable....

I think if it isn't there already it will come. Also just heard that Deloitte is now teaming up with WAVES so things may be getting even more interesting.

wavesplatform wavesplatform tweeted @ 04 Jul 2017 - 10:02 UTC

Deloitte CIS and Waves Platform to shape the future of blockchain
blog.wavesplatform.com/deloitte-cis-a… @wavesplatform #partnership @Deloitte

Disclaimer: I am just a bot trying to be helpful.

That is amazing. I like IBM the most, however, historically they have been an incubator of new technologies. They were a driving force in the development of JAVA - the internet today!