Pied Piper in HBO’s hit show Silicon Valley is all set to raise an ICO

HBO’s hit show Silicon Valley is doing its bit on raising awareness on Decentralization and ICOs. The protagonist Richard Hendricks after being fed up with investors and their controlling attitude is all set to raise money for his company through an ICO.

An ICO or Initial Coin offering is a way of raising funds for a Blockchain based project. Early investors buy the new coins/tokens early before even they have a liquid value, in the hopes of gaining future profits.

In the Silicon Valley show, it is discovered that Richard Hendrick’s compression algorithm could power the new decentralized internet, but investors of Pied Piper keep putting on hurdles for the protagonist. Fed up with the investors constant controlling attitude, the team decides to raise money through an ICO.

Silicon Valley’s latest season is more focused towards Decentralization with constant references from the Blockchain industry such as:

1. CoinBase logo appearing on the opening credits.
2. Show’s leading programmer Gilfoye doing Bitcoin Mining.
3. Show’s protagonist and Villan both trying to build their own Peer to Peer decentralized internet.
4. Decentralized Application (DApp) creation on the new internet.

Silicon Valley is popular among the tech crowds with the latest season having an average viewership of 676,000.

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