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Broadly speaking, I think that the Ethereum community is BUIDLing a world computer and open source financial system, and that ICOs are just the first killer app. I think there will be many more standards and killer dapps, and those with a long time horizon can/should keep their eyes on them as they emerge. I'm excited about ERC 721, 1081, and 1337 specifically.
Specific to Gitcoin, we are privileged to have Joe Lubin / Consensys backing us.. so we don't need to make any moves on the funding side immediately.
In an alternative universe in which we'd done an ICO, we'd have to spend a lot of our raise on regulatory compliance. And many hodlers of our token would be speculators.
Given this wiggle room where we don't have to worry about funding, we've chosen to focus no product. And the members of our slack community are developers, not speculators.
I cover this a little more in depth at :
https://gitcoin.co/not_a_token medium.com/gitcoin/why-gitcoin-didnt-launch-with-…
Makes sense, thanks!
Kevin Owocki Thanks for sharing such kind thoughts with us. thanks buddy. crediblebh.live