Eric Lange
Well-known member
Someone could create an ERC-20 token called RED and in the whitepaper state the funds raised in the ICO will be used to fund worthy Red related projects. Then Eric, Wayne etc. can dust off their ideas and put them into production. Would $100 million be sufficient?
I could do a lot with $100M but I could probably do even more with less ;-)
Doing more with less is still always important IMO, (don't squander resources) and have entities that are self sustaining/first more or less (proven in some way) and then further capitalization for planned scalability.
I really believe in development of core capabilities even if the core product falls flat you still have a very viable business that can still roll out useful things and keep going and keep playing the game.
Persistence is key as well as longevity. Best to plan for that from the start.
Entirely depends what sand pit you are playing in...