Drug discovery and medical device research are expensive. Going from Phase 2 clinical trials to FDA approval can cost $25 million to hundreds of millions for R&D. Tokenizing traded assets can help fund these life-changing programs.
An Initial Coin Offering (ICO) is also called a Token Generation Event. It compares to a typical Series A Round in venture capital. It is about 40% cheaper to do an ICO than to raise money from a private placement.
Your White Paper combines a detailed presentation of the project and a business plan in one document. It tells ICO participants about your startup, shows the company’s business potential, competitive advantages, business model, and presents your road map for development.
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