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Topic: How to get VC funding for crypto-currency project? (Read 1190 times)

hero member
Activity: 910
Merit: 1000


How are people successfully doing it? I'm seeing crypto projects everywhere with a lot of funding from VCs.

What does it require other than a great idea?
Keen to hear serious thoughts and opinions on this matter.

TO add to my previous post, I also think that if you have a really good idea, then you can also get funding(not VC funding) from members here at bitcointalk.
hero member
Activity: 812
Merit: 1000
Litecoin Association Director
Being known in the crypto community helps a tremendous amount. Ive had several people approach me about my project and we have not even launched yet. Trust is a major factor in this realm as well.
hero member
Activity: 910
Merit: 1000


How are people successfully doing it? I'm seeing crypto projects everywhere with a lot of funding from VCs.

What does it require other than a great idea?
Keen to hear serious thoughts and opinions on this matter.

It primarily relies on networking. You wouldn't easily find VC's who would know about bitcoins. You will have to educate them about it, and pitch a business at the same time.
sr. member
Activity: 420
Merit: 250
Work hard, be innovative, be diligent, and be honest.

Produce results. Build up contacts.

Don't expect to get funding or investment after couple months.
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Conferences.
hero member
Activity: 1372
Merit: 783
better everyday ♥
Since you'll need a million(billion?) dollar idea to get proper VC funding, maybe go the crowdfunding route?

Tell all your family, friends, friend's friends, coworkers, church goers, barber shop quartet, twitter followers, bingo night players, fuckbook buddies etc to give you some change to get started:

https://www.kickstarter.com/

https://www.indiegogo.com/


Once you get started with your project, who knows what can happen.  Maybe you'll garner some attention by the big boys and get the VC funding you need.
full member
Activity: 182
Merit: 100
★ BitClave ICO. Join NOW ★
Same as if you want VC for anything else. Business plan, market research etc.

I'm more getting at how to get into circles that allow you to network with people who are capable of providing such funding. I imagine they wouldn't have time for emails from people they haven't met before.
hero member
Activity: 518
Merit: 500
Hodl!
What does it require other than a great idea?

Same as if you want VC for anything else. Business plan, market research etc.


Although if you wait 6 months, it could have heated up enough that they'll throw printed paper at you for anything with the word bitcoin in.
full member
Activity: 182
Merit: 100
★ BitClave ICO. Join NOW ★


How are people successfully doing it? I'm seeing crypto projects everywhere with a lot of funding from VCs.

What does it require other than a great idea?
Keen to hear serious thoughts and opinions on this matter.
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