Lantah is conducting a private Pre-ICO token sale for accredited investors. The purpose of this is to get funding for hosting our ICO. This article intends to highlight and explain some of the whys and whats behind our process in greater detail.
A Pre-ICO sale, or as it is also termed a Simple Agreement for Future Tokens (SAFT), is an important time for a new crypto startup. The use of these pre-sales as a funding mechanism before the official crowdsale or ICO (Initial Coin Offering) campaign starts, is gaining popularity.
They are much simpler to execute than a regular IPO, but they still fall under the SEC designation of “security,” and as...
Vitalik Buterin, the founder of the groundbreaking Ethereum cryptocurrency, stated in a recent BitNewsToday interview that 90% of token startups will fail. Sounds kind of jaded for a 23 year old, and especially cheeky, when you consider that Bitcoin rocketed to a record $18K this past week.
More than a few investors have been vindicated, this week, for having the vision to invest in Bitcoin.
But, before conclusions get jumped to, let’s take a deeper look at what this crypto whizz might be trying to tell investors. To start with, here are two reasons he gave for this observation.
1) Cryptocurrency has not yet made the transition to mainstream...