Initial Free Offerings as an Alternative to ICOs
1–4 of 4 posts
Re: Initial Free Offerings as an Alternative to ICOs
#2I like the idea,
I'm miss one thing: the minute someone says "I'd buy 100NIL for X ETH", the IFO becomes an ICO no? We just added an extra-step.
Re: Initial Free Offerings as an Alternative to ICOs
#3Airdrops and token giveaways of unregistered security tokens is still a securities fraud.
You need either to register your token with the SEC, or find an exemption from registration or prove that your token is not a security.
If you can prove that your token is not a security, then you can sell it as well (providing you are doing proper KYC/AML and not an MSB or money transmitter.)
IANAL
Re: Initial Free Offerings as an Alternative to ICOs
#4Current ICO List https://icomarks.com/icos