«My concern as an investor is focus and diluted effort,» he said, since the TON aims to disrupt the same areas as several other blockchain startups that have also recently raised
funds via token sales.
In September, Chinese regulators closed in on firms and individuals raising
funds via token sales.
The news that China's regulators will prevent Chinese entrepreneurs from raising
funds via token sales is likely to bring further focus on this sector in other jurisdictions.
Not exact matches
In Tuesday's announcement, the SEC also pointedly stated that
token sales conducted
via ICOs do not qualify as crowd -
funding.
Now, having accomplished its primary objective, and still 15 days to go for the end of the
token sale, the team is raising more
funds in order to reach newly introduced extended goals and add exciting new features to the game, like player vs player and user - generated tournaments
via smart contracts.
Instead, the notice provides generalized advice to those contemplating raising capital
via a
token sale or creating a cryptocurrency investment
fund, and invites such businesses to reach out to local securities regulatory authorities to discuss ways in which to comply with Canadian securities law.
Listed below are some unique projects that have raised
funding via an ICO or plan to hold a
token sale in the near future:
As it is common with most FinTech cryptocurrency projects in need of
funding, the cardstack foundation is putting up a cardstack
token sale via Initial Coin Offering (ICO).
While it might make sense for a cash - strapped country to try and bring in new
funding via such a
token sale, the petro has been controversial from the get - go.
According to the company's whitepaper, 90 % of the
funds raised
via token sale will go toward acquiring high - yield real estate.
The
funding round makes the firm the latest to join the increasingly popular trend of issuing airdrops -
via which firms distribute
tokens for free to interested parties, instead of holding
token sales or initial coin offerings.