4 ms·

That is not a fact. There is a difference between regulated and illegal.

• travisjungroth 8y ago
  If you're doing a legal ICO it has almost no benefit over traditional fundraising, and some huge regularity drawbacks (not knowing who owns the shares).
  • will_brown 8y ago
    >If you're doing a legal ICO it has almost no benefit over traditional fundraising, The way I read that is there are benefits. Seems to me it’s significantly more cost effective than a private offering and order of magnitude more cost effective than a traditional IPO. >and some huge regularity drawbacks (not knowing who owns the shares). Not knowing who owns the shares is in fact illegal.
    • kaffee 8y ago
      Can you clarify this last statement? Surely it's a question of which geographic nation-state you plan on working in. Not all of us live or want to live in North America.
      • will_brown 8y ago
        Whether you live in the US or not, the US dictates a lot of things. After 9/11 banking and finance changed radically, and that was global not limited to the US. Before 9/11 many states allowed it (as did many countries)...now no States allow it and as far as I’m aware Panama was the last country to outlaw the practice. But if you know of a jurisdiction let me know...