The name J.R. Willett likely doesn’t ring a bell.
Unless you’re a cryptocurrency stalwart, chances are the impact of this personality on cryptocurrency and blockchain is lost on you. In actual fact, Willett has been instrumental in giving us one of the most unique features of this new technology: initial coin offerings, or ICOs.
The Dawn of the ICO
It’s difficult mentioning “cryptocurrency” without the word “ICO” sneaking into the conversation. It gives public servants sleepless nights, makes techpreneurs draw up business plans, and gives average Janes and Joes a chance to become investors in the hottest new tech on the market.
Many people who are new to the crypto game assume that initial coin offerings were part of the original Bitcoin proposal set forth by…