In recent years and in many parts of the world, companies, individuals, and technical developers have used initial coin offerings, also called “ICOs,” “token sales,” and “digital asset sales,” as a way to raise capital to fund the development of
What is a blockchain? How does it work?
A blockchain is a distributed ledger technology (DLT) or list of entries – similar to a stock ledger – that is maintained by various participants in a network of computers and allows data to be stored globally on thousands of
What is a digital asset, coin, or token?
A digital asset, coin, or token (aka – virtual currency) is a digital representation of value that functions as a medium of exchange (commodity) and can be traded digitally often using distributed ledger (blockchain) technology. Digital assets may represent other
What is a digital asset trading platform?
A digital asset trading platform (aka – “virtual currency exchanges” or just “exchanges”) is an entity (or person) that exchanges virtual currency for fiat currency, funds, or other forms of virtual currency. Digital asset trading platforms typically charge fees for
Considering contributing to an initial coin offering?
Here are some things you should consider if you are contemplating contributing to an initial coin (or digital asset) offering: Is the ICO or digital asset offering really just a securities offering in disguise? If so, the offer and sale