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A comment on Tezos founders push for legal bailout from Swiss foundation. Parent comment

Re:Tezos founders push for legal bailout from Swiss foundation by pavlov on Friday December 01, 2017 @02:43PM (#15826691)
In the biotech / pharma world, it's common for startups to IPO years before they have a single paying customer.

The difference between a biotech startup and many ICOs is that the former typically has years of validated and peer-reviewed scientific research backing up the hope of eventually having a product.

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Re:Tezos founders push for legal bailout from Swiss foundation by goldenkey on Wednesday December 06, 2017 @06:51AM (#15860409)
In that case, the "customers" are other scientists and drug companies that _consume_ the research, will pay for partnerships, will pay for research to be done by that lab, etc.. ICOs on the other hand don't have an acclaimed lab or anything special other than a PDF with some buzz-bullshit.
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