Authors
K. MILANOVA
Abstract
When choosing ways to attract investment capital, it is incorrect to compare ICOs with IPOs, venture capital investments or borrowed capital. When making such a decision, managers or business owners should be guided not by market trends and doubtful prospects, but, first of all, by the features and life cycle of the product itself, for which funds are raised. The speed with which these funds must be attracted will also be important. If the main product of the business is, for example, blockchain calculations or cybersecurity, then most likely it is not advisable for such a company to spend more than a year on due diligence for an IPO, but it is worth considering all the risks and looking for the right jurisdiction to issue tokens as quickly as possible and draw up White paper, while the market is still booming.
Keywords
investments, shipbuilding, borrowed capital, blockchain calculations, cybersecurity
