LE75 – VC vs. ICO Funding – The Pros and Cons w/ Vaultoro.com CEO Joshua Scigala

Today's guest is Joshua Tallguy from Vaultoro.com which is a " global gold and Bitcoin marketplace". He recently decided on VC funding for his startup rather than doing an ICO, and we discuss why that was including other pros and cons of the heated ICO vs VC funding methods.

This was the “Year of Bitcoin” but also the year which the term “ICO” became well-known and grabbed the headlines of the legacy media across the world.

Website: http://libertyentrepreneurs.com/ICOvsVC

Seemingly out of nowhere, crypto teams could raise MILLIONS by issuing their own tokens and fund their development for years. The amount of money raised in 2017 by ICOs, so far, is ~$4,000,000,000 ($4 Billion).

With this new ICO opportunity, a decision has to be made when planning your raise. Use the more traditional VC model or use the new blockchain-based ICO method.

Contact Info:

Guest: Joshua Scigala

Email: [email protected]

Website: https://www.vaultoro.com/

Twitter: @vaultoro

Podcast Resources:

Previous interview with Joshua Scigala:
Episode 35 - http://libertyentrepreneurs.com/2016/05/le35-josh-scigala-bitcoin-enhances-gold/