Start - up accelerator Y Combinator ( YC ) wants to explore how blockchain technology can be used to raise capital from a greater pool of investors through cryptocurrency networks . It is interested in how initial coin offerings ( ICOs ) can be used to help “ democratize access to investing ” , said CEO Sam Altman . ICOs must become more transparent , legal , and effective before they can be widely and safely used , said CEO . He also encouraged government increased regulation of ICOs .
Start-up accelerator Y Combinator (YC) wants to explore how blockchain technology can be used to raise money from a greater pool of investors through cryptocurrency networks. YC is interested in how initial coin offerings (ICOs) can be used to help “democratize access to investing”, said CEO Sam Altman. ICOs must become more transparent, legal, and effective before they can be widely and safely adopted, said Altman. He also encouraged government increased regulation of ICOs.