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Title: Just some noob questions about legal Post by: Hoangle1523 on January 23, 2018, 12:52:41 PM Hi bros,
I am just having some questions about legal of a coin at the moment , hope we can discuss about it as investors: 1. The max supply of a coin : How does coin maker define it ? Why there is some coins with infinity supply as ETH, or unknown max supply ? What if coin maker print more coins when it reach max supply ? So they will have more money ? 2. ICO vs IPO legal : The legal responsibility of a company which has a coin issued for crowd funding as many coins in the coinmarketcap now ? What if they close the project and open the new one for selling their coin again ? In the near future, when they release their application which use coin/token for using , what if they don't want to use coin but cash only , will the coin be burn to the air as nothing ? Or it turn to be as stock of a company ? Thank you for your discussion. Title: Re: Just some noob questions about legal Post by: X7 on January 23, 2018, 12:55:24 PM 1. It is programmable money - there is no set standard by which a company has a definite supply of tokens.
2. The coin generally continues to exist since the ICO would have distributed it far and wide - the tokens owned by the company are usually "lost" |