“The important thing is, you have to understand how the technology works.”
Marshall Taplits is the co-founder and chief strategy officer at NYNJA, a company building global operating system for the future of work. NYNJA Group is creating the first international mobile communications app with an on-demand marketplace and its own cryptocurrency ecosystem. Marshall began his career in software quality assurance 18 years ago and has acquired vast knowledge and expertise on online trends and developments including the popular Initial Coin Offering (ICO).
On this episode, Marshall explains the fundamentals of ICOs and its impact on the present generation. Since we have reached the era of the internet, much digital advancement has been introduced. As an expert in ICOs, Marshall educates us on what an ICO is and what benefits we get out it. This is an enlightening conversation about coin ownership, launching ICOs, and ICO investing.
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ILAB 101 Show Notes
Where we are:
Johnny – Ukraine
Sam – Santiago
Marshall – China
ArtofFX – start with just a $10,000 account (reduced from $25,000)
Fundrise – start with only $1,000 into their REIT funds (non-accredited investors OK)
RealtyShares – try it free
Wealthfront – get your first $15,000 managed free
Betterment – get up to 1 year managed free
PeerStreet – get a 1% yield bump on your first loan
11:11 – What is his definition of an ICO?
12:00 – Big ICOs including Bitcoin and Ethereum
15:04 – Benefits in using Ethereum when launching an ICO
17:05 – How an ICO launch works?
18:07 – Qualifications for issuing an ICO
20:18 – Difference between a token and a coin
21:14 – Accessing the new coin
24:12 – Selling or trading coins
28:26 – Value of coin owners in the company
31:06 – What makes a successful ICO?
34:46 – Developing new coins that he is excited about
38:20 – Standard road map in funding ICOs
45:03 – How Ninja started and what they do
47:32 – Ninja coin
48:01 – What are they building at Ninja?
54:02 – The process of investing in ICOs
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