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Saturday, 05/13/2017 11:16:32 PM

Saturday, May 13, 2017 11:16:32 PM

Post# of 32472
I wonder if GAHC ever needs a capital infusion they could do an initial coin offering?

One spark to the rally has been a surge of investing tied to a new method of capital raising being dubbed the initial coin offering, or ICO. The trend has grown sharply in recent months, driving up prices of dozens of cryptocurrencies. Startups are offering bitcoin-like tokens that are tradable, and raising millions quickly. Two relatively well known firm in the sector, Gnosis and Blockchain Capital, raised $12.5 million and $10 million, respectively, recently. But other startups are seemingly materializing overnight, and raising money, prompting warnings from industry insiders that these are highly risky investments, and likely to cost investors money.



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