While many cryptocurrencies are still trying to find a useful application in the real world, Ethereum has become a darling among financial types because ICOs allow startups to
raise huge investments in lightning - fast funding rounds.
Not exact matches
«A
huge benefit for us was going through the process and understanding what
raising money looks like, and all of the details of building a business with
investment,» Bergman says.
The funding takes the total
raised by Revolut to $ 340 million and comes amid a wave of
huge investment into app - only banks in Europe.
Fantasy - sports website FanDuel had a
huge year; the startup
raised a massive $ 275 million series E round in July from investors like KKR, Comcast Ventures, Google Capital, NBC Sports Ventures, and Time Warner
Investments.
«The reality of climate change will demand that we make
huge investments in critical infrastructure in the coming years, from reinforcing sea walls and
raising streets to protecting our electrical grid and modernizing sewage and water treatment facilities.
When these occur, solving climate change will take care of itself in a
huge investment and innovation boom that will
raise incomes, international welfare and quality of life.
The cost of
raising venture capital funds or holding an IPO was a very expensive process, but an ICO opens a company to
investment funding from the public without having to lose the
huge percentage or pay the substantial associated fees.