2 ms·
Laughable! What's a "Good" ICO? FTA: "Loosely speaking, then, ICOs that seek to fund the construction of decentralized open protocols should still work under t
by sriram_sun 8y ago
Laughable! What's a "Good" ICO?
FTA: "Loosely speaking, then, ICOs that seek to fund the construction of decentralized open protocols should still work under the SEC’s rules."
Also "ICOs that are just fundraising schemes for companies will be treated like securities.."
I'm looking at this distinction with both eyebrows raised. I'm highly skeptical that an ICO will be treated differently under different use cases. This would only lead to confusion. Further down, in the article, the author brings up a third category - Ripple. What's to prevent a fourth and a fifth category? The law when it comes down is going to be uniformly applicable to ALL ICOs not just "Good" and "Bad" ones.