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RE: STARTA ICO - A Blockchain funded Startup Accelerator (& Happy July 4th!)
It is an interesting concept but to me it seems a little odd in a way. Like they need Seed money to then provide seed money to other startup projects. Is that the way you interpret it as well? I mean a person could look at it like investing in a mutual fund where then they are invested in individual startups and if the net effect of those early projects is positive then you will come out ahead.
Well that is one way of looking at it. From my understanding of what they are doing it looks like a way of getting round the hurdles of allowing regular people to do something like VC investing.
yeah I can see it that way as well! In general that is why I love crypto. You can actually get in on the ground floor of these projects when before a regular person would have an extremely hard time investing in a startup.
So true it allows us regular people to get in on this sort of thing.