ICO Daily (6 Oct): How ICOs Avoid Regulations

 ICOs Have Options Other Than Regulations

During the last couple of months, the buzz about regulating ICOs has been increasing. SEC has already ruled over the DAO tokens, China and Korea banned ICOs for an unknown period of time. It even looks like that the Swiss are becoming careful. According to some, the “Wild West” ICO days are coming to an end.

Some ICOs are actually looking for a way to overcome regulations in different countries. It includes dealing with regulations that touch both the ICO and distributed business. There are three legal ways to work around them.

  1. By dividing your tokens
    The first option is to divide your tokens into “Security Type” and “Utility Type” tokens. By doing this, the ICOs don’t pop up on the SEC radar. The difference between such coins is the dividend payout.
  2. By buying some freedom
    It is possible to buy a company and transfer necessary rights and legal controls, thus dodging the regulations. One ICO that actually did this was Stox – prediction marketplace where token holders can predict the outcome. They announced that they were buying out Commologic , a non-blockchain company that has an existing gambling license.
  3. SAFT
    This stands for Simple Agreement for Future Tokens. SAFT limits the participants in ICOs to “Accredited” or “Sophisticated” investors who can be defined as people with an income of at least $200,000 or net worth above $1 million.

Original Source: Cointelegraph

 

 

Today’s Reading List:

Check Out Our Informative ICO List
• ICOs Have Options Other Than Regulations
Wikipedia Founder – ICOs can be scams
Banks want to get in on Bitcoin
 UTRUST and Soma announce a Partnership
Compliant ICOs are Possible, according to SEC

Get daily updates – TwitterFacebook, or Newsletter
Launching an ICO? Contact us to get featured info @ icodaily . net

 

New ICOs

NAMESTARTING DATEICO CAPCURRENCYAMOUNT RAISED% OF CAP
ICOs STARTED YESTERDAY (05/10/17)
Coindex05/10/175,000ETH
1World Online05/10/1715,500,000USD
Render Token05/10/17TBDTBD
Crypto Tickets05/10/1723,000,000USD
Airtoken05/10/1741,761ETH40,74797.57%
Bitleaf05/10/173,333ETH10.03%
ICOs STARTING TODAY (06/10/17)
Vuepay06/10/1750,000ETH
Zephyr06/10/1712,000,000USD
Minerva06/10/17TBDTBD
Strim06/10/17TBDTBD
EcoGreenHouse (Presale)06/10/17UncappedUSD
Streamr06/10/1775,000CHF
ICOs STARTING OVER THE WEEKEND (07 – 08 October)
Emphy07/10/171,440,000USD
Crypto2007/10/1781,896,551USD
Pundix07/10/17TBDETH
Gomineworld07/10/1737,000ETH
Proof08/10/17103,931ETH
Modex08/10/1735,555,555USD
Money Rebel (Presale)08/10/17TBDTBD
Elite 88808/10/17TBDTBD

Recently Closed ICOs

NAMESTARTING DATECLOSING DATEICO CAPCURRENCYAMOUNT RAISED% OF CAP
ICOMG29/09/1706/10/1730,000ETH
Centra18/09/1706/10/17200,000ETH170,00085.00%
Power ledger08/09/1706/10/17UncappedUSD12,880,000
Betmaster06/09/1706/10/17190,000,000USD3,848,7892.03%
Bitpoker05/09/1706/10/17HiddenETH
Rosenbridge Digital01/09/1706/10/17133,333ETH
Tokenstub23/08/1706/10/1715,000,000USD1830.00%

Tokens Listed on Exchange

NameTicker SymbolExchangeListing DateICO Closing DateStart Trading PriceICO PriceChange since ICOCurrency
Kick Coin(KICK)EtherDelta04/10/1716/09/170,000850,0003+155.60%ETH

Ongoing ICOs

See the Full List of Ongoing ICOs Here

 

ICO Daily