Dax Hansen was quoted in the CoinDesk article, "Consensus 2017: Advice From a Lawyer to ICOs: 'Don’t Be Stupid'," commenting on the growing spread of initial coin offerings (ICOs).

"What we have now is the term 'ICOs'. I don't know who started that, but they should be reprimanded for it," Perkins Coie partner Dax Hansen joked, adding that 'token sale' is a term with better regulatory implications. Though, as for the concept itself, he said that many entrepreneurs are using the funding model in legitimate and promising ways.