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Ask HN: ICOs/DAOs as a Service?

2 pointsby hsikkaover 3 years ago
Hey HN,<p>I&#x27;m just now getting into Blockchain and Web3, so forgive my ignorance in advance.<p>Are there any startups working on ICOs as a service? I know that in 2017 many shady ICOs occurred, and there must have been many shady ICO consultants&#x2F;builders, but the value of raising funds and building communities in a decentralized way seems enormous.<p>Are there any companies working as a sort of &quot;investment bank&quot; for ICOs? Where they build ICOs&#x2F;NFTs for scientific orgs, charities, etc?<p>One way to incentivize alignment is to have the ICO builder recieve a small portion of the ICO in place of a normal fee.<p>Would love some clarity, pointers around this.

1 comment

verdvermover 3 years ago
ICOs are almost all securities and requires registration with the SEC. It&#x27;s hard to do something like that as a service.<p>If someone puts money in and expects a profit, then by the Howey Test, it is a security. Most funding in crypto is now going through VCs. Rich getting richer and all.<p>Hacker News is largely anti-crypto. You will find healthy skepticism in the comments on high score stories. You can use the search to find them.