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/biz/ - Business & Finance

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10944895 No.10944895 [Reply] [Original]

/biz/
This is partnering up for our fave icos.

Do you know that most ICOs can better focused on their project if the ‘fund’ is entrusted to experts in risk and portfolio management and the security with industry heavyweight custodial services? There won’t be a need for a team of passionate developers say learn the market trades and by just focusing on what they do best, they can actually bring more on the table and prevent panic sells.... ...

Specialization is everything! So here’s the proposal – Formosa Financial. A B2B one-stop platform for digital asset management, offering a customizable suite of custodial, brokerage, and risk management services. Brokerage is ICOS' need to conveniently and cost effectively convert say ETH into fiat for operational costs. Formosa is partnering up not only with crypto custodial but with fiat custodials -- the banks.

What do you say?

>> No.10945098

makes sense. did hear about an ico that sold eth on downtrend and getting only a quarter or less of what they raised in ico. poor guys. never got to know the name

>> No.10945136

All icos are scams. Every single one.

>> No.10945154

>>10945136
daily reminder ripple was an ico

>> No.10945401

>>10945136
bruh ETH is an ICO

I bet you hold some ICO tokens..

>> No.10945784

well since the future is bright for blockchain, there'll be more blockchain startups so formosa is catering to ICO only?

>> No.10945806
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10945806

I worked for a shitcoin.
Guy had like 100k available from investors but would use it for the worst shit; 10 advisors, each getting paid 500 a month for literally nothing. I even invited a "friend" ; me with fake info to become an advisor.

After the fall from 20k investors pulled out; he suddenly was in debt; everyone left and (the ico which was running for 1 month already) had literally 0 sales.

(Just a shitty erc20 token; literal scam, but no the retard actually thought his project would revolutionize something and raise Millions )

Dumb people thinking other people are even dumber than themself truly are the dumbest of dumb people.

>> No.10945921

>>10945784
for whales also kek , with large crypto holdings