Entrepreneurs seeking funding to build blockchain startups have long had to seek support from traditional VCs. Today, many have bypassed that path by funding their startups selling tokens directly to investors, which is proving as a great way to raise money without giving up core company ownership or decision-making power. While it’s clear the tech ecosystem benefits from new funding methods, the panelists believe that while token offerings can be legitimate ways to finance startups, they aren’t for every company. Panelists will give their unique perspective on when to consider an offering (e.g. speed, control), when it’s not (e.g. regulatory challenges), and why startups might consider both crypto and traditional financing mechanism to create tomorrow’s next billion dollar business.
Programming descriptions are generated by participants and do not necessarily reflect the opinions of SXSW.