PT - JOURNAL ARTICLE AU - Susan Akbarpour TI - Blockchain Start-Ups to Venture Out from Venture Capital! <em>Are ICOs Here to Stay?</em> AID - 10.3905/joi.2019.1.078 DP - 2019 Mar 31 TA - The Journal of Investing PG - 32--44 VI - 28 IP - 3 4099 - https://pm-research.com/content/28/3/32.short 4100 - https://pm-research.com/content/28/3/32.full AB - Blockchain, cryptocurrency, and initial coin offerings (ICOs) have been all over the news lately. This disruptive technology has been changing and is going to continue changing the world in a profound number of ways. One of the most promising ways for blockchain and cryptocurrency driven start-ups to impart innovation is through the ICO. ICOs, which are like initial public offerings (IPOs) of traditional securities using cryptocurrencies, have the potential to revolutionize how start-ups raise capital and cross the chasm. While start-ups have traditionally had to rely on venture capital to raise funds and grow, the ICO presents a more decentralized and democratic alternative. The crowdfunding power of the ICO is transformative for the most innovative start-ups. The birth of this new means of raising capital will usher a renaissance of innovative, well-funded, and independent start-ups.TOPICS: Currency, portfolio construction, wealth management