Proving worth as founding member in ICO (developer)


I know you are a busy dude, but if you find the time it would be cool to have your take on this @ivan
No worries it is isn’t in a video, but it would be crazy cool if it was :slight_smile:

I have a startup offer but one of their main questions is “Couldn’t we just make our own basic token with something like Token Factory and then bring on a dev later?” I am not sure how to address this and defend my worth in the early stages.

What is your take on Token Factory and services like them? Could a basic token from this service later be modified for enhanced functionality? Even if Token Factory offers scalable tokens, is the risk assessment worth it for a well funded ICO? (eg: risk of built in malicious code from Token Factory or others like them, that drains accounts after huge round of funding). In short, I am basically in an interview and need to know how to address the “outsource” alternatives and how to prove that I am worthy of “founding member”, rather than coming on later after the token sale. Any information in regards to “quick token” services not being ideal would be great as I could pitch myself towards their risk mitigation strategies.




Hey man, I think it depends o what the token is used for. I haven’t used Token Factory myself. But I have a hard time seeing how such a service would be able to generate a tailored token needed for a specific application. :slight_smile:


Wow an ICO company that can’t even code its own token seems like it would be doomed to fail. If you end up working for them, I hope you’re paid in cash rather than tokens.


I have a website launching soon and was praying and hoping to share with you Ivan and if you feels it is pointless and trash I would like to know, or if maybe this concept I have created could show merit and possibility into the public space for humanitarian aid efforts, through a tokenized non profit program.



That’s what this forum is for, feel free to provide a link and forum members will provide you with their honest feedback.


Currently finishing up the build and addressing SEC directly for securities release. Thank you for your kind words iwan.spillebean.


Highly recommend researching this option for new coins -

I’m not aware of any alternative offering anywhere near a similar level of security and developer freedom.