Building The Future With ICOs
Initial Coin Offerings, also known as ICOs can be considered as an alternative form of crowdfunding that has emerged outside of the traditional financial system. This model has helped a lot of successful projects and companies get the funding required to start their business.
It’s one of the easiest and most efficient methods for companies and individuals to fund their projects and for regular users to invest in projects they see value in. It should be noted that the Securities and Exchange Commission on July 25, 2017, has ruled that some of the “coins” for sale are actually securities—and are subject to the agency’s regulation.
So learn the rules, put together your team and the ICO market can be a useful tool for the future development of new blockchain technology.
What are 5 things you need to know about Cryptocurencies & ICOs?
Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment opportunities. While these digital assets and the technology behind them may present a new and efficient means for carrying out financial transactions, they also bring an increased risk of fraud and manipulation because the markets for these assets are less regulated than traditional capital markets. That’s why we are providing this information about the three “Rs” of ICOs: Risks, Rewards, and Responsibilities.
Op Ed: A Quick-Start Token Sale Compliance Guide: What You Need to Know
Compliance with Anti-Money Laundering (AML) rules and with the economic sanctions administered by the Treasury Department’s Office of Foreign Assets Control (OFAC) can be a daunting task for any business. When it comes to the fast-moving world of token sales and cryptocurrencies in general, much of the legal and regulatory landscape is yet to be settled, but the obligation to comply with AML and OFAC laws is clear. This quick start guide to AML and OFAC compliance aims to provide entrepreneurs and in-house counsel an early roadmap for planning and reaching their compliance goals as they think about kicking off a token sale.
This guide focuses on U.S. laws, but be aware that other countries also have laws in these two areas.
Creating an ICO White Paper
Like a white paper in business, an ICO white paper is a detailed guide for a new blockchain project which informs potential token holders about the business and its idea in view of an upcoming token sale. The white paper is embedded on your ICO landing page and is a core selling point for potential investors. What Should an ICO White Paper Look Like?
What Should Be in an ICO White Paper? Expert Take
This article is drawing from the Congressional testimony on cryptocurrencies, which intends to consider the current regulatory approach that regulators are using to monitor and oversee cryptocurrencies and ICOs and how to achieve further regulatory clarity in these markets.
Whitepaper Database – Cryptocurrency ICO Whitepapers