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Vitalik: "Crypto Fundraising Evolving by Retaining ICO Advantages and Addressing Drawbacks"

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JH Kim
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  • Vitalik Buterin stated that fundraising through cryptocurrencies is evolving by retaining the advantages of ICOs.
  • He emphasized the importance of token-based fundraising utilizing decentralized finance (DeFi).
  • Buterin mentioned Infinex and Truemarket as examples of advanced fundraising methods.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Vitalik Buterin, the founder of Ethereum (ETH), stated on the 23rd (local time) via his X (formerly Twitter) that "fundraising through cryptocurrencies and token-based fundraising utilizing decentralized finance (DeFi) is evolving in a way that retains the advantages of pre-2020 token offerings (ICOs) while addressing their drawbacks."

He mentioned the crypto app Infinex and Truemarket's non-fungible token (NFT) sales as representative examples.

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reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.