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RE: ICOs for offline businesses?
IPO => ICO
shares => asset-pegged crypto tokens
stock exchanges => crypto exchanges and trading platforms on the blockchain
Theoretically, you can peg any form of assets to create your own digital tokens to be traded on the blockchain. So, it doesn't matter if it is an online business or offline business. Am I getting the scenario right?
Yes, that's exactly right. Like I mentioned, the only challenge is that offline businesses will have revenues and costs in fiat currency.