It has become apparent that companies tend to take the ICO funding route these days. If the Telegram ICO is any indication, the focus is now on issuing native tokens to sell to VCs and accredited investors. It seems Kakao wants to do the exact same thing, and it’s labeled its crowdfunding effort a “reverse ICO”. The Rise of the Reverse ICO It is quite interesting to see how mainstream companies are trying to tackle the ICO industry as of right now. More specifically, companies – mainly tech giants – are more than eager to issue their own digital tokens these days, yet they are not
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