“ICOs Need to Be Supported By Good Business Fundamentals”
: MyFinB introduces Digital A.I. Lab to strengthen business case for aspiring start-ups
Singapore, 7 April 2018 – 2018 marks a year where any new initial coin offerings (ICO) needs to be backed by more than just ideas and a good management team, according to a study done by MyFinB in partnership with its venture builder VSC Portfolio Investments Group. The study also cites that start-ups now have to demonstrate a working product, a large pool of community / subscriber base, existing revenue with good revenue potential and a scalable business model.
MyFinB sets out the vision of helping more than 100m businesses worldwide make sense of their financial statements using its proprietary Artificial Intelligence (AI) and Natural Language Generator (NLG) engines. With regional headquarters in Singapore, Malaysia and UK, it serves four segments (financial institutions, accounting and consultancy firms, government agencies and enterprises) globally – and help them achieve higher productivity, lowered risks and better shareholder value.
For more details, please visit www.MyFinB.com and email: corpcomms@MyFinB.com.