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Episode Info: red. [12:25] Redfin doubled in 6 months because they brought commissions down to 4%. [13:29] An ICO is an initial coin offering. Which is similar to an initial public offering or IPO. This makes people think that it is an investment. [15:01] You shouldn't get to ask for money unless you have a project, build a thing, and have a platform. [15:19] At Ledger Leap they only look at token sales. If it doesn't exist, stay the heck away from it. [15:49] Ledger fund helps you build and takes a percentage of the token fund. But it has to be a business that has been running for at least a year. [16:46] The product or platform has to at least have users or a very convincing pitch. [17:06] At Ledger Leap we get to be the change that we want to see. [17:35] Bitcoin is a great hedge against regular currency. It's a digital value that can't be taken away. [20:04] If you can feel it, hold it, or touch it then it doesn't need to be on blockchain. [22:16] If you don't understand how a token operates, don't invest in it. [22:40] If you don't understand how the technology works, stay away from ICO's and invest in existing technologies like bitcoin. [23:22] Blockchain is excellent for shipping companies and supply chain and logistics. There would be no such thing as accounting errors with blockchain. It's perfect for storing information like titles and deeds. [24:45] Blockchain is the best bookkeeper in the world. Links and Resources: Loral’s Real Money Talks OpenTable Redfin ...
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