In fact, it seems to me like you see an ICO as just an easier way to raise funds than having to use traditional seed funding.
For us there are 3 good raisons not to resort to the ""traditional seed funding"
- We love the idea of crypto currencies and want to bring them forward as good as we can cause they are just the perfect alternative to the traditional currencies. We wanna more than just an ICO, we want to accept payments for all our services in crypto and have already spoken to the city council, where we are building the windtunnel, about a joint advertising campaign for payments in crypto
- having a "traditional investors" is not the best way for any start up. It was the only one way before the ICO era but not the best. Por example in Germany, where we are located, the CEO of a company has a very strict legal responsibility for everything what happens with his company. On the other hand, he is 100% bound by instructions of the Investors. So you are legal responsible for something what you did'nt decide. This is a very unhealthy situation
- We would like to have the freedom, to make our own decisions. With a conservative investor who just wants to earn money as much and as soon as possible, you can not make experiments like payments in crypto just because you want to support a great idea. Unfortunetely we did'nt find any investor who had enough money and wanted to support crypto currencies with us.