TokenFunder Democratizing Funding And Investing With Blockchain Case Solution

One of the prime reasons that the company should be concern about is the looming uncertainty related to crypto currencies. It is to be known that the hype around crypto currencies would make them the next big asset or they will be doomed by the concerns of ransom ware and other regulatory problems (Financial Times, 2021). There is also tough competing among the crypto currencies with the rising number of variants so there are high chances of failure for this business model as it is not stable. The lock-up period of tokens is another glitch in the model. Given the nature of this asset, a sudden market rally can boost the value of all tokens or vice versa. It needs to be careful and selective for its investments as the majority of them have a chance of failure.

2. What are the best ways to communicate blockchain and initial coin offerings (ICOs) to legal firms so that they recommend Token Funder to their clients? 

Multiple steps and strategies can be adopted for the communication of block chain to legal firms. Token Funder can establish a joint platform using digital technology to add legal companies as third parties on the platform of potential innovators and the investors. It can take legal advisors on board who are associated with legal companies and be responsible for communicating the developments to their respective legal entities. However, the most feasible and secure way seems to be a partnership with legal firms. The challenge with block chain technology is that it is not legal tender and not regulated by monetary authorities (Library of Congress, 2021). Token Funder does not have the technical expertise to deal with the legal intricacies of the technology. If the legal company would have equal stakes in business as in the case of a partnership, the company would be better off.

3. How should Token Funder compete with other capital partners, including VCs and angel investors, who are able to provide human capital alongside financial capital? 

The expertise of Token Funder is relatively low as the very technology that they are dealing with, is at its nascent stages.