ICOs - Not Just “Good-to-Have,” But Necessary - says CZ, the CEO of Binance.
CZ talks about his own experiences with different projects and observing the methodology of raising money by these projects. The focus gets concentrated to ICOs VS VC(Investors)
It's quite an interesting read as CZ continues to discuss the scenarios on both the sides and how one is stronger to another. He presents some extraordinary facts and observations by giving close comparisons of both ICOs and VC backed fundings.
Both has its pros and cons and it highly depends on the project owner's perspective and vision for his project. CZ adds a positive side to ICOs by relating it with the passion and vision of the developer, seeing it used by users in real time and get big through this. Rather than having the investors fund their projects.
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