. All of these projects, and more, started as crypto-crowdfunding based ICOs and have gone on to do exactly as they have promised, and more.
This increasing stance on legislation of crypto-crowdfunding has seen a rise in the number of regulated STOs, purported to be the next generation of ICOs, with the number of unregulated ICOs decreasing.: “STOs are more like the “everyman’s IPO”, giving everyone the chance to invest in a company that has been approved by the SEC) to list their cryptocurrency as a security, and hold a ‘stake’ in the company by holding those coins or tokens.
Depending on what company structure an entity has, and how much they are looking to raise, the correct papers must be submitted, costing time and money. Any mistakes, whether by mistake or on purpose, can lead to fines and even jail. No longer can someone on a whim throw up a site, sell their cryptocurrency for a stake in their project and run with it.
In a twist of irony, there is currently a project on the Kickstarter platform, which aims to educate the next generation of techies on blockchain and cryptocurrency.Bob the Blocktrain: The Series
Source: Digital Coin News (digitalcoinnews.net)
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