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Title: ICOs at the End of 2017: What We Think We Know and What We Don't Know | Alert by Post by: jules-jules on October 18, 2017, 07:12:13 AM Link: https://www.wsgr.com/WSGR/Display.aspx?SectionName=publications/PDFSearch/wsgralert-initial-coin-offerings-1017.htm
Highlights: > Some tokens are and always will be securities. Tokens that offer holders dividends, interest, or profit or revenue participations, for example, generally are securities. > Tokens that are solely utility tokens should not be securities. > Simple Agreements for Future Tokens (SAFTs), as used today, almost always are securities. |