Visions of Blockchain Magazine Visions of Blockchain Pillar Unepisode | Page 31

lution as if you’re just a developing house,
but you already have the basis. Raise your
money that way, and you never have to
spend money on an ICO. There’s many
ways people can get money.
People say, oh, I want to do an ICO.
Well no, actually, you want money.
Nobody wants to go through the pain of an
ICO right now, and nobody should have to
do that.
There’s a lot of scammers out there, there’s
people trying to steal your Telegram gro-
up, there’s people trying to steal your Ether
that you raised.
Nobody wants to do a public ICO. I mean,
there might be some mentally ill people
who want to do an ICO, but you shouldn’t
want to do one. You should just want to
raise money the easiest and most appro-
priate way for your venture.
So, that’s the first thing. I try to convince
them that there’s better ways.
Then the other thing I do is, talk to them
about their business model, and I try to tell
them what the holes are in their business
model, the obvious holes, and see who the-
ir competitors are. There’s always obvious
competitors, there’s always reasons why
you should be rethinking things. So, this
works really well for getting out the people
who will never finish writing a white paper.
People say to me, how can you write a whi-
te paper for somebody? You don’t know
their business. I’m like, yeah, I didn’t say
I make up a white paper. I didn’t say I’m a
science fiction writer.
There are people who write biographies...
there’s something called ‚autobiographies’.
But most biographies are not autobiogra-
phies. So, you could say to the writer, how
can you write a biography?! You’re not him.
that you can do that as a customized so-