Bump... I'm really curious about this. Any thoughts?
Thanks in advance.
Topic: ICO Wallet Storage (Read 242 times)
Given the recent hacks with Parity (multi-sig wallet) and the impact to ICO's such as Dao.Casino, etc... I thought to start this topic.
To protect business and investor interests, shouldn't ICO's accept and store investor funds on a paper wallet? In that way, it's the most secure.
Additionally, it's the least liquid wallet which is what we would want as an investor right? It forces the startup to secure the funds and slowly leverage the funds necessary to build and grow the business (rather than quickly cash out the funds and potential impact cryptocurrency prices or scam us)? Thoughts?
To protect business and investor interests, shouldn't ICO's accept and store investor funds on a paper wallet? In that way, it's the most secure.
Additionally, it's the least liquid wallet which is what we would want as an investor right? It forces the startup to secure the funds and slowly leverage the funds necessary to build and grow the business (rather than quickly cash out the funds and potential impact cryptocurrency prices or scam us)? Thoughts?
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