We sit down with Vedran Vukman who has raised 10M$ in a revuto ICO (initial coin offering) who managed to raise 10M$ in 15 minutes. Why does your startup do an ICO instead of other ways to raise capital?

With crypto and bitcoin booming and we talk about how to do an ICO and the current state of crypto.

What is an ICO?

An ICO (initial coin offering) is cryptocurrency's equivalent of an IPO or initial public offering. It seeks to raise capital by creating a new coin or cryptocurrency.

Some advice on what's the best way to do an ICO (initial coin offering)

Prepare to invest 100K$ into marketing. Its really a lot about luck at the end and the timing for them was right. They divided the split into 3 parts to gain more attention for the raise. Create a lot of noise prior to dropping, doing podcasts and creating the community for the blockchain that you are going after. For Revuto it was the Cardano blockchain. Revuto is now coming out with a crypto wallet.

(disclaimer: this is not financial advice)

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Vlad Kozul
Vlad has a BSc, MSc has worked in investment banking as well as had a startup backed by top-tier investors. His LinkedIn: https://uk.linkedin.com/in/vladkozul

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