Institute for Blockchain Innovation Creating New Model for ICO FundingMay 2, 2018, 9:37AM
The Institute for Blockchain Innovation has launched the JOBS Crypto Offering to solve issues bedeviling ICOs in the current regulatory climate.
A newly-formed Blockchain technology advisory board has announced the creation of JOBS Crypto Offering (JCO), a creative model that’s will resolve some of the issues that have bedeviled current Initial Coin Offering (ICO) initiatives.
The Institute for Blockchain Innovation (IBI), a think–tank made of avant-gardists in banking and technology like Indiegogo, Salesforce, Finova, and BPC banking technologies etc., brings together gurus in, “the traditional and the Blockchain/crypto financial systems,” and leading “corporate, academic, regulatory, entrepreneurial, venture capitalists with governmental backgrounds.”
A Revolution in Crypto Trading
The IBI aims to recognize and promote JOBS Crypto Offering (JCO) which is projected to revolutionize crypto trading on the Blockchain through equity tokens or “digital equity securities.” This amalgamated model will become an ‘answered prayer’ for Blockchain companies careworn with regulatory gaps in ICOs.
The IBI predicts the model which is founded on the (Jumpstart Our Business Startup) or JOBS Act of 2012; JOBS Crypto Offering (JCO) strengthens the Delaware Blockchain Initiative to build a quicker blockchain-based pathway that will offer companies easy access to get financial resources from the public.
Jeremy Gardner, Ausum Ventures CEO and IBI founding member believes, “IBI will play a pivotal role in achieving that vision on a global scale and creating a more inclusive system for everyone.”
The Institute for Blockchain Innovation (IBI) believes the new Blockchain-based ICO funding model will provide “liquidity in crowdfunding,” create “a faster track to IPO,” and expand “funding opportunities” beyond the traditional ICOs. JCO is poised to launch the “first equity-linked token that can be traded in cryptocurrency and is also backed by assets in a U.S. corporation.”
Disclaimer: information contained herein is provided without considering your personal circumstances, therefore should not be construed as financial advice, investment recommendation or an offer of, or solicitation for, any transactions in cryptocurrencies.