Ethereum OG Raises $18M With First Reversible ICO
Reversible ICO (rICO)—the latest brainchild from Ethereum dapp developer and ERC 20 creator Fabian Vogelsteller—is a new model for ICOs (Initial Coin Offerings used to fundraise for start-ups) where investors reserve tokens instead of buying them outright. Returnable tokens This new fundraising mechanism allows investors to reserve and buy tokens over time, and “return” reserved…
By: Dan Kahan •
DeFi
Reversible ICO (rICO)—the latest brainchild from Ethereum dapp developer and ERC 20 creator Fabian Vogelsteller—is a new model for ICOs (Initial Coin Offerings used to fundraise for start-ups) where investors reserve tokens instead of buying them outright. Returnable tokens This new fundraising mechanism allows investors to reserve and buy tokens over time, and “return” reserved…
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