Breaking Banks discusses ICOs with those who see the possibilities and want to make sure that the good always outweighs the bad.

Since the first initial coin offering in March 2017, ICOs have taken off as the latest and greatest way to raise venture capital. ICOs offer exciting potential for financial inclusion. Current regulations can create a high threshold for participation in venture capital in attempts to protect from schemes, and from people losing their entire fortunes. ICOs go around this, and many have wondered if the ICO could be a new form of Ponzi scheme. Those highly involved in ICOs vehemently disagree, and are looking at the ways that ICOs encourage a financial inclusion and openness that has never been available to investors before.

Today, we’re talking to George Burke and Chandra Duggirala, founders of Aqua Foundation, Kenzi Wang, co-founder of Superbloom Capital, and David del Ser, director of Inclusive Fintech, and of the Catalyst Fund from BFA. We’re getting the view of ICOs from those who see the possibilities and want to make sure that the good always outweighs the bad.

You can listen to more episodes of Breaking Banks and other fintech shows on the BankNXT podcast page. Enjoy!

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– This podcast is reproduced with kind permission. Some minor changes may have been made to the text to reflect BankNXT style considerations, but the podcast itself is always unchanged. Listen to more here. Image by jull-gull, Shutterstock.com

About the author

Brett King

Brett King is a four times bestselling author, a renowned futurist and keynote speaker, the host of the Breaking Banks radio show/podcast and the founder/CEO of Moven. His latest book 'Breaking Banks' debuted in the top 3 on Amazon's Bestseller's list in the US, France, Canada, Germany and Australia. 'Bank 3.0', his previous book, was released in 8 languages and ranked as a finance bestseller in 19 countries.

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