Or building GPU chips that accelerate deep learning algorithms that write white papers about how you will build a factory that will build factories to manufacture shovels.

Investors: I’ll accept check, btc, or pepecoin.

A whitepaper for an ICO to raise money for an AI to write whitepapers to raise money in ICO :)

> This is accurate. My startup is blockchain funded, but we have a serious money-making business model. But some people still want the sexy smart contract tech decentralized sound clips to get really hyped.

Attracting people to invest in your venture who don't actually have a reasonable capability to determine whether it's a good idea is unethical.

If the "sexy smart contract tech" is a compromise to convince your investors to invest in your startup which they would already have been interested in that's one thing.

But it's unethical to convince them to invest solely on the basis of an aspect of your business plan which you yourself do not believe in.