DCC 9.09% 4.8¢ digitalx limited

For sure, this is some farfetched wish ive been sprouting on...

  1. 336 Posts.
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    For sure, this is some farfetched wish ive been sprouting on this forum for ages. They are way underfunded to underwrite the kinds of ICOs they are advising now (the average ICO capital raise they have assisted on raises more than DCCs entire capital). But i believe one day start up companies may realize they dont need to raise 40M dollars for their project and may prefer the gurantee of underwritting (but maybe DCC have no desire to provide such a service, it is far more risky but would significantly increase returns for ICO collaborations). An example that comes to mind is Horizon state which raised only 800K and are kicking stellar goals. I do believe DCC would eventually be able to finance token sales like that (although maybe not for a long time). I feel their position in the market will be cemented if they can provide all the services a traditional IPO equivlant service provider would i.e. underwritting, advising, market making etc.
    Last edited by SilverSterling2021: 02/03/18
 
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