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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