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World Ethical Data Forum 2018 • September 19-20, 2018

Held at the World Trade Centre in the Catalan city of Barcelona and covering areas such as cryptocurrency and ICO…

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Tag: ILP

ILPs May Replace ICOs as a New Form of Fundraising

Category: Business, Finance, News, Regulation, Tech

ILPs May Replace ICOs as a New Form of Fundraising

Although initial coin offerings (ICOs) are seen as a legitimate means of raising capital, there are no clear legal and technical controls. Initial Loan Procurements (ILP), are, however, an alternative to the risky ICO model. ILPs enable decentralized crowdfunding opportunities by creating a contractually bound agreement which minimizes the risk of ICOs. According to Carey Olsen’s senior associate Luke Sayer,…

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