As reported by Coinotag, Coinbase CEO Brian Armstrong outlined a vision for a fully onchain startup lifecycle, from incorporation to public trading, using blockchain and USDC to streamline fundraising. This model leverages smart contracts to enable instant funding, bypassing traditional intermediaries like banks and lawyers. Echo, a fundraising platform acquired by Coinbase, has already facilitated over $200 million in raises for more than 200 projects. Armstrong emphasized the potential to democratize access to capital and improve efficiency for global founders.
Coinbase CEO Proposes Onchain Startup Lifecycle Using USDC for Fundraising
CoinotagShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.