Vitalik: "Crypto Fundraising Evolving by Retaining ICO Advantages and Addressing Drawbacks"
JH Kim
Summary
- Vitalik Buterin stated that fundraising through cryptocurrencies is evolving by retaining the advantages of ICOs.
- He emphasized the importance of token-based fundraising utilizing decentralized finance (DeFi).
- Buterin mentioned Infinex and Truemarket as examples of advanced fundraising methods.
Vitalik Buterin, the founder of Ethereum (ETH), stated on the 23rd (local time) via his X (formerly Twitter) that "fundraising through cryptocurrencies and token-based fundraising utilizing decentralized finance (DeFi) is evolving in a way that retains the advantages of pre-2020 token offerings (ICOs) while addressing their drawbacks."
He mentioned the crypto app Infinex and Truemarket's non-fungible token (NFT) sales as representative examples.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
