Entrepreneurs should approach ICOs cautiously: John Fearon, Sugar Ventures

Entrepreneurs should approach ICOs cautiously: John Fearon, Sugar Ventures

John Fearon of Sugar Ventures. Credit: DEALSTREETASIA

Serial entrepreneur John Fearon, a partner at venture builder Sugar Ventures and the co-founder of smart vending machine business Dropfoods, believes that initial coin offers (ICOs) – also known as digital token sales – are an additional tool in the entrepreneurial finance toolkit but says their impact on orthodox startup financing remains uncertain.

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