Venture Capitalists Use SAFTs to Tap $4 Billion ICO Market (news.bitcoin.com)

Simple Agreements for Future Tokens (SAFTs) are a new way for venture capitalists (VCs) to enter booming initial coin offering (ICO) markets, which will near 4 billion USD in revenue this year. SAFTs mean VCs invest in startups for ICO tokens. As startups prosper, and customers use tokens, VCs are betting their held coins will return big profits. SAFTs appear to be a mid-point between traditional initial public

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