New ICO data

March 1st, 2017
"Whenever people agree with me I always feel I must be wrong."
– Oscar Wilde
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CoinDesk Research surveyed over 400 entrepreneurs and investors to compile its first 'Spotlight Study' of 2017: an in-depth look at the sentiment surrounding 'initial coin offerings' (ICOs).

Among the main takeaways:
  • Caution still rules, but interest is high. Of those surveyed, almost a third of entrepreneurs without ICO experience have seriously considered raising with a token sale, and nearly all investors with ICO experience would consider participating in future launches.

  • Investment or speculation, rather than utility, is the main reason given for ICO participation. However, most cite lack of research and third-party information as a concern.

  • Nearly half of respondents believe that entrepreneurs should consider tapping both ICO and traditional funding sources. On the other hand, nearly half did not think that traditional fundraising efforts would have worked for ICO issuers.
For more insights, see our summary. Or you can go directly to our report here.  
 
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**CONSENSUS**
 
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Wait, there's more:
CoinDesk Poaches Bloomberg Exec as New CEO
*In the News* - CoinDesk has a new CEO: Kevin Worth, formerly CFO of Bloomberg Digital Media and founding CEO of financial data and news site The Deal. He will work with managing director Ryan Selkis and the rest of the team on strengthening CoinDesk's events and research products, while supporting editor Pete Rizzo's work on content and audience development. Read more.

Disruption Not Included? Ethereum Alliance Shows Blockchain Shift
*EEA Launch*: While the star power at the launch shows that enterprise interest in the ethereum blockchain is strong, startups also have an important role to play. Several are founding members, and both incumbents and startups stressed the importance of collaboration in development and governance. Read more.

Microsoft Adds JPMorgan's 'Quorum' Blockchain to Azure Platform
*EEA Launch*: The addition reflects an increasing emphasis on collaboration for enterprise blockchain development. Read more.

Vitalik Buterin Calls for Collaboration at Enterprise Ethereum Launch
*EEA Launch*: Via a televised address, Vitalik also discussed potential synergies between private and public versions of ethereum. Read more.

Bank of Japan Official: DAO-Style Problems Could Dampen DLT
Speaking at a fintech forum hosted by the central bank, Bank of Japan executive director Shigehiro Kuwabara argued that when building distributed ledger frameworks it is important to build in "resiliency in emergency responses". Read more.
 
UBS, PwC Back Blockchain Group in Switzerland's 'Crypto Valley'
Dubbed the Crypto Valley Association, the group's objectives are to pursue public policy outreach, organize events and conduct relevant research. Also backing the initiative are the City of Zug, Thomson Reuters, UBS, Lucerne University and PwC, among others. Read rmore.
 
Central Banks Back Hyperledger Blockchain Project
The Bank of England and the Federal Reserve Bank of Boston are among 11 new members of the blockchain consortium. The list also includes Kaiser Permanente IC3 and China Merchants Bank. Read more.
 
Go to CoinDesk
BTC: $1,224.01 +3.3% 
ETH: $15.77 +2.2%

@10:00 EST - More price details
JOB LISTINGS

GENESIS TRADING - Sales Marketing Associate

  • The Sales and Marketing Associate is a sales-support position, responsible for identifying and contacting prospects, with the expectation of bringing revenue-producing clients into Genesis' digital currency business lines. More info.

GENESIS TRADING - Research Associate

  • The Research Associate will support the continued growth and expansion of the business, and will proactively assess new market opportunities and products within the digital currency space. More info.

Are you looking for talent? Let jacob@coindesk.com know if you're interested in posting job opportunities here.

PRESS RELEASES
 
You'll have seen our big news above (we link to an outside source, since we don't write about ourselves). Needless to say, we're very excited. Big things ahead. ðŸ˜Š
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