Back to news
Adoption
Silicon Valley AI Startups Adopt Ethereum-Style Token Sales for Funding
(3 hours ago) · 1 source · Summarized by CryptoBipto
Reports indicate that some Silicon Valley AI companies are turning to cryptocurrency-based fundraising methods modeled after Ethereum's initial coin offering (ICO) approach. These startups are reportedly using token sales as an alternative to traditional venture capital funding for AI projects.
WHY IT MATTERS
When a startup needs money to build something, it usually goes to investors like venture capital firms.
Read the full analysis with a CryptoBipto membership
Members read why every story matters and the full analysis behind it.
SOURCES
- cryptoslate.com
RELATED
ETHAIToken SalesICOVenture CapitalEthereum
Learn the concepts behind this
Clear explanations of the subjects this article touches, with every term defined.
- What is tokenomics, and why does token supply matter?How token supply works — circulating, total and maximum supply, emission schedules, vesting, lock-ups and burns — and why each affects a token differently.
- What is cryptocurrency, and how does it work?A simple explanation of cryptocurrency, blockchains, coins, tokens, mining and staking, with a definition page for every term used.