Hank Leber
๐ค SpeakerAppearances Over Time
Podcast Appearances
Unicorn does, but a lot of these companies that are doing token sales are doing it on a product that isn't actually in the market yet.
And that is a highly speculative window.
I think 2018, you'll see, you know, businesses, legitimate businesses running business on their tokenized products.
And that's going to change the nature of what it means to be on an exchange.
It's a good question.
I'll tell you that I don't know what Unicoin Gold and Unicorn is doing with it, but I'll tell you.
this, businesses can choose to keep it on the market and kind of roll the dice and see where the wind blows, or they can pull some of it out into fiat and keep it in the bank and use it as actual burn or runway.
And I don't know what Unicoin Goal has chosen to do, but it's definitely a big difference whether you want to bet on the market or not and keep it in there.
Unfortunately, there's not a lot that prevents that right now.
What is happening just from the last year until now, really the last six months, is
The wisdom of the crowd is really helping sniff out some of the bad actors ahead of time.
Unfortunately, we've seen a few of them actually slip through the cracks and do less than favorable things with the token sale raises.
But yeah, we're in a very Wild West period right now where you got a white paper out there with a product that intends to go live on the first day of trading.
You know, it's kind of, you know, it's a bet.
It's a bet on the team to not do irresponsible things with that money.
Similarly to when, you know, an investor is going to bet on a company and startup founders.
There's just generally a lot more one to one diligence there.
And here we don't have that diligence.
I'm hoping that the wisdom of the crowd and, you know, just the collective intelligence is going to help keep some of those bad actors out.
Yes, I do.