ICO stands for Initial Coin Offering – a fundraising tool which some startups are using to raise serious amounts of capital by issuing and selling to the public their own cryptocurrency, aka [...]
ICO stands for Initial Coin Offering – a fundraising tool which some startups are using to raise serious amounts of capital by issuing and selling to the public their own cryptocurrency, aka digital tokens. Fundamentally, ICOs raise funds in Bitcoin or other cryptocurrencies and it is disrupting the VC market, fuelling tech growth and has the potential to leave some in the City scratching their head wondering why they missed the starter gun as the ICO world explodes.
It’s no mistake that the term is coined to sound like IPO and the process sits somewhere between crowdfunding and the pre-IPO process. There are some regulatory questions that are already being asked, such as do ICOs class as securities, how do you do one (and keep on the right side of the law) and how do you tell the good from the bad, as with any bubble, there is bad to be found.
Sponsored by Hamlins LLP and Nex Exchange, the Small Cap Club event will aim to provide a guide to the complex, and so far, self-regulated, landscape of ICOs to the City. We will have a panel covering what is involved in undertaking an ICO itself, future regulatory issues and discussion on opportunities and outlook for the Small Cap community.
Spaces are limited. It’s free to attend and breakfast and refreshments are provided. If you do register please make sure you are doing this with a serious view to attending or advise if you are no longer able to make it, ideally with at least two days notice.
(Wednesday) 8:30 am - 10:30 am
2 BROADGATE CIRCLE, EC2M 7UR