They can get crowdfunding.
There is no reason for ICO.
Topic: Why so few ICOs from Silicon Valley? - page 2. (Read 1378 times)
Why do you think so few ICOs are out of Silicon Valley??
Silicon Valley obviously led the last wave of tech development (roughly 1990 - 2010). There's a great deal of entrepreneurship there. There's one of the highest concentration of code developers there, if not the highest concentration in the world. There's venture cap, there's incubators, there's just about everything you should need to be leading the next wave.
And yet... so many of the ICOs are not from the San Fran bay area! In fact, most of the really big, promising ones are not even remotely related to California and often not even the USA. Why do you guys think that is??
Nobody in Silicon Valley works on cryptocurrencies. Why would they when they are working on self-driving cars, satellites and more important things? Did you know the average engineer makes $225,000 a year in Silicon Valley? Go read up! Silicon Valley obviously led the last wave of tech development (roughly 1990 - 2010). There's a great deal of entrepreneurship there. There's one of the highest concentration of code developers there, if not the highest concentration in the world. There's venture cap, there's incubators, there's just about everything you should need to be leading the next wave.
And yet... so many of the ICOs are not from the San Fran bay area! In fact, most of the really big, promising ones are not even remotely related to California and often not even the USA. Why do you guys think that is??
VC's also want a good chunk of your business for some upfront cash. An ICO gives you much more control and you get to keep your percentage in it.
I know at least 3 projects from Silicon Valley. I think there are a lot projects which are correlated with SV.
What are those 3 projects?
Hint:
Why do you think so few ICOs are out of Silicon Valley??
Silicon Valley obviously led the last wave of tech development (roughly 1990 - 2010). There's a great deal of entrepreneurship there. There's one of the highest concentration of code developers there, if not the highest concentration in the world. There's venture cap, there's incubators, there's just about everything you should need to be leading the next wave.
And yet... so many of the ICOs are not from the San Fran bay area! In fact, most of the really big, promising ones are not even remotely related to California and often not even the USA. Why do you guys think that is??
Silicon Valley obviously led the last wave of tech development (roughly 1990 - 2010). There's a great deal of entrepreneurship there. There's one of the highest concentration of code developers there, if not the highest concentration in the world. There's venture cap, there's incubators, there's just about everything you should need to be leading the next wave.
And yet... so many of the ICOs are not from the San Fran bay area! In fact, most of the really big, promising ones are not even remotely related to California and often not even the USA. Why do you guys think that is??
Not just San Fran. Look at Switzerland and Netherlands and Singapore. So much fintech there, so few ICOs. If any.
I think a lot of the start-ups there are connected, or prefer to go through connections and networking to get their funding. With crypto, I guess they also go for the so-called angel investors and so on. ICOs may get them funding, but they still won't have the networks or reputation, that you get from being linked to the big names. ICOs are still people hiding in the dark, for the most part.
USA is hostile to cryptocurrency and ICOs and they have acutally made it difficult for an ICO issuing company to collect funds from places within their jurisdiction.
I also think cost has to play a role in it, very few ICO's break the 100 million mark. Most only break a couple of million. That money doesn't go as far as in other areas, / countries.
They are still doing crowdfunding, not ICO.... Old-fashioned 
actually, I think they are just afraid of risks.
actually, I think they are just afraid of risks. 
Because ICO's are pyramid schemes.
but iam not understand why youre write ico from silicon valley, in USA ico project not support in there
However, ICOs are still allowed and don't have to be registered. They just need
to pass the Howey Test. The exact details of that are a bit much for just this
thread, but suffice to say ICOs have not been banned in the USA.
Go on...
Open Money is based in silicon valley San Francisco, along with Civic. I have invested in Civic and will plan to invest in Open Money because of their team and also because they are located in Silicon Valley.
It's hard to pull a scam in Silicon Valley because your reputation travels very far here. I'd suggest investors purely to invest in Silicon Valley ICO projects.
It's hard to pull a scam in Silicon Valley because your reputation travels very far here. I'd suggest investors purely to invest in Silicon Valley ICO projects.
Yes, Civic was a solid project. But Open Money... I'm not so sure about. You can see some of the
criticisms about Open Money on this thread.
https://bitcointalksearch.org/topic/advice-needed-on-a-new-ico-2167058
Generally though, I'd agree that SV projects are higher quality and less likely to be scams.
Open Money is based in silicon valley San Francisco, along with Civic. I have invested in Civic and will plan to invest in Open Money because of their team and also because they are located in Silicon Valley.
It's hard to pull a scam in Silicon Valley because your reputation travels very far here. I'd suggest investors purely to invest in Silicon Valley ICO projects.
It's hard to pull a scam in Silicon Valley because your reputation travels very far here. I'd suggest investors purely to invest in Silicon Valley ICO projects.
Probably because of the regulations recently imposed by SEC. You will need time to hire lawyer, understand regulations and formalise the T&C. Alternatively, you can run the ICO from another country.
but iam not understand why youre write ico from silicon valley, in USA ico project not support in there
That's a common misconception. The SEC did not ban ICOs in the USA.
They issued guidance saying that any ICO that qualifies as a Security needs
to be registered. They gave the example of the DAO as such an ICO.
However, ICOs are still allowed and don't have to be registered. They just need
to pass the Howey Test. The exact details of that are a bit much for just this
thread, but suffice to say ICOs have not been banned in the USA.
because Silicon Valley , central is big technology industry and starup company
the big company, amazon, google and more have office in there
so can incraese brand use from silicon valley
but iam not understand why youre write ico from silicon valley, in USA ico project not support in there
the big company, amazon, google and more have office in there
so can incraese brand use from silicon valley
but iam not understand why youre write ico from silicon valley, in USA ico project not support in there
I think the main reasons are:
1) The American government ban the ICO.
2) They are busy with a lot of creative ideas and investment.
1) The American government ban the ICO.
2) They are busy with a lot of creative ideas and investment.
Thanks for the many responses. If anyone knows of any ICOs that are actually associated with Silicon Valley, please list them!
SV doesn't have the same high level concentration of blockchain experts as other types of developers. Blockchain based companies are just now starting to become more mature and the market is growing. SV VCs like huge markets. While growing, Blockchain just isn't there yet in terms of mainstream adoption.
I'm sure you'll start to see more projects get launched in SV as time goes on. However, with successful ICOs, you don't really need SV VCs so there's not a lot of reason to move there especially when you can build a global company in a much less expensive market. Attracting developers may still be a challenge outside of SV, but if the blockchain experts aren't there now, then it's no different than the challenge of recruiting them elsewhere.
I'm sure you'll start to see more projects get launched in SV as time goes on. However, with successful ICOs, you don't really need SV VCs so there's not a lot of reason to move there especially when you can build a global company in a much less expensive market. Attracting developers may still be a challenge outside of SV, but if the blockchain experts aren't there now, then it's no different than the challenge of recruiting them elsewhere.
I think that many projects are somehow associated with Silicon Valley
ICOs have not had a good reputation lately... it's the fault of scammers and, of course, of people investing in their schemes.
Silicon Valley entrepreneurs have always had opportunities to use other methods to raise funds, and I think the vast majority of them will continue to use such methods for a long time.
Silicon Valley entrepreneurs have always had opportunities to use other methods to raise funds, and I think the vast majority of them will continue to use such methods for a long time.
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