Author Topic: [Feedback needed] Let's move away from ICO - welcome ISO  (Read 813 times)

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[Feedback needed] Let's move away from ICO - welcome ISO
« on: January 15, 2017, 10:21:37 am »
following up on the discussion on telegram, we feel that ICO does not represent current state of project offerings as we know them on BitShares (Tokens).

Here's my take on it:

ISO - Initial Stake Offer represents a stake in a Project distributed on Token basis via a Blockchain. Unlike ICO (Initial Coin Offering), a ISO is not meant as a monetary unit or technological advancement. Much like its older Brother, IPO, the promise is sharing revenue, for example by paying out dividends or share buyback, to all Token Holders. Initial Stake Offerings are decentralized and censorship proof by nature, but can be used as white-listed offerings and in combination with KYC (Know Your Customer) to meet certain regulations.

would be awesome if the BitShares community could establish a new abbreviation in crypto.