The primary reason projects organise an Initial Coin Offering (ICO) is to raise funds for their projects to acquire resources, to pay employees, create and pay for a great work space, and develop their idea. Good idea right? The ICO format got misused and abused during the previous bull run in January, which caused the SEC and other government agencies to step in and regulate the sector, which basically ruled ICOs illegal unless your project has been approved by government agencies. This in turn massively reduced the amount of ICOs.Projects now have to resort to new ways of getting resources to develop their ideas. What projects increasingly resort to are the so called accelerators and incubators; companies that provide resources to projects and startups who are in need of them. Companies like WeWork do this very successfully already in America with their WeWork Labs program, but they aren't focused on blockchain startups and projects.So are there any incubators or accelerators like WeWork that offer tools, equipment, resources, or even community building services to blockchain/crypto projects and startups specifically?Also, if there's any other way projects can get resources and help without the use of ICOs or incubators, let me know! I like to think of Dogecoin in this case, it became huge without the need of funding.I'll update this list with the projects you guys mention in the comments:ParachuteToken: "Parachute offers a freelance marketplace, resources in collaboration with Google and organically builds communities for their partners."WeWork Labs: "WeWork Labs provides the community, education, connections, and mentorship to help anyone take the startup path and grow with us"
Submitted August 01, 2018 at 05:08PM
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