Sorting Through Cryptocurrency’s ‘Vaporware’

The number of initial coin offerings is poised to shrink in the coming months as investors become more savvy at distinguishing between legitimate tokens and those that aren’t backed by substantive products, said panelists at The Information’s “Future of Finance” event in New York last week. Check out a video of The Information Editor-in-Chief Jessica Lessin’s conversation about cryptocurrency with Sean Neville, co-founder of Circle, and Andy Bromberg, managing director of token sales at AngelList. And below is a transcript.

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Jessica: Awesome. Thank you, guys. I think I’m still 50/50 on whether we need Infocoin yet, but we may be the first news publication to do an ICO. Anyway, thank you guys very much. To be continued.

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