Sep 23, 2022
Web3.0 StartUp Investing Strategy
In this episode, Julian talks about the most interesting parts of launching a token, a crypto an ICO. Why should companies seriously consider this?
“Most web3 startups that are in the market for raising capital are opting for an equity plus token approach,” says Jon Russell, a partner at Crypto.com’s venture arm.
“We’ve been seeing that trend away from SAFTs (Simple Agreements for Future Tokens), away from pure token sales, and towards a combination of equity and token sales,” Hagen Rooke, a partner at the law firm Reed Smith, told The Block.
Follow Julian on Twitter @julian2kwan
This episode is sponsored by www.InvestaX.io and www.IXSwap.io, a leading security/NFT platform and automated market maker.
Good to read:
Why equity plus token warrants is the new go-to formula for crypto VCs
What Are Simple Agreement Tokens (SAFT)?
What is a SAFE?
SAFTs & Token Warrants — What They Are and How They Work