Bitcoin Forum

I've heard that eMusic is moving towards an ICO. 

Well, there is no doubt the music industry is one of the most centralized, there are no good alternatives to Spotify and Pandora,
we need to take the power back from the big labels, by listening to music through decentralized platforms.

From what I understand, emusic allows independent music artists and small labels to negotiate directly,

indeed looks like a refreshing project, though isn’t it a huge risk investing in projects coming from the US before the SEC will regulate ICOs?

I think if its a utility token and not a security, there should be no problem for US citizens to participate.. correct me if I'm wrong

I would not invest in American ICO projects, since there is a high probability that such projects will be closed. Money in the event of the closure of the project, you will hardly be returned.

Your caution is justified, though eMusic is a very unique American project that has many resources

and made a huge progress in negotiations with the SEC to get a rare approval to raise money.

Looks like a very serious one, check their site

https://token.emusic.com/

The danger of participating in this ICO is that it can be closed any time as the music industry is kind of centralized and for this, I don't feel safe investing in such ICOs.

Investment in ICO projects from the United States is actually very risky, because the SEC has very strict restrictions on ICO.
So these tokens don't necessarily list on exchange, so you might lose money.

As an American ICO, they should have no issues with the SEC if their tokens are utility tokens and not security tokens. There are a few ICO's from the USA without a stop and desist orders.

If the tokens are security token then there might be some risks. Otherwise the plan is quite good and looks like it will create a revolution in Music Industry.

US government monitoring system somehow discourages crypto investment right now. Things will possibly change. For now I would like to invest in south american region.

it is very unfortunate but true that many investors are still not interested on investing in America ICO,  cause they are afraid about it's stability and i don't claim their tensions are  invalid this can be happen but for the American citizens it is easy to deal with it but we can hope that in the future dealing with American ICO will be more safer for the users

I think it is dangerous to invest on American ICOs because their government is very strict in terms of crypto industry and America is usually a restricted country on other ICO projects. I think there are some other reasons and I'm willing to know what are those reasons.

Usually the dangers include less transparency which can lead to manipulative decisions taken, without the need to verify the platform and schemes. So, the best thing is to analyze your information and then take decisions.

In fact there is a lot of chance the ico violatnig the SEC rules and the dev could be arrested just like what has already happened with centra and any other US ico. I will suggest you never try to participate in the US ico. Tbar has been giving the best example how the majority of US icos can't comply with US rules,

I want to agree that now in America, the crypto currency is rather doubtful. I saw already a few American projects that have collected their capital ceased to exist.

Really quite interesting that the general feeling seems to be stay away from US ICO's. I think the SEC's attempts to try and impose security regulations on ICO's has really caused some serious damage with not only people moving their business outside the US to do ICO's but also people being very cautious about investing in those rare ICO's that decided to raise money while being based in the US.

American ICO is not dangerous to investors yet if it comes witha legitimate policy in approval of SEC and new formed government authoritywhich is recently founded by Trump. For eMusic, I will say, I haven't heard of it until today but seeing the website looks sleeky to me. You can invest in US ICOs but first you do some research and proceed with what you've got.

I think, investing in US projects is not problematic. Many govts. are adopting crypto currencies in their country and I think they will do so also. Whenever US govt. take this decision projects like this emusic will succeed.

I don't think you should be scared to invest on an American ICO. eMusic is already a popular platform. After the recent acquisition of Keystone corp by Coinbase has made it promising situation for ICOs in USA. Government has been lenient towards Coinbase which has reduced down the rigid regulations. So I think the risk of investing is worth it.

If a proper arrangement has been made and there is a good resolution with the SEC, i feel there should not be any problem. We all know that if any ICO would be coming from America, there is every tendency for it to have the consent of SEC and it might be centralized.

I think your caution is appropriate, though eMusic has a unique American project and its many resources. This made a huge progress with the SEC. Before investing in American or any other ICO we have to be careful I think.

from my  opinion emusic is different kind of project in America ICO's.  But as sec  will regulate this ico's and i think will not for long run.

The US does not allow The ICO to be implemented there. So if there is an ICO of USA launch. That ICO is operating illegally against US law. And will certainly be accused and closed of. If you invest in it. Surely you will lose the entire investment amount

From my point of view it’s a good move. Although this type of industry is so centralized but there are no superior alternative. Now we will listen music from decentralized platform. It so exciting it allow independent  artist and consult directly.

I appreciate the attempt of Emusic. It will help a lots of artists and small label to come to the spotlight. Otherwise it is very hard for them. Maybe there will be some risk but first we will need to know the complete plan.

I've discovered another fact. Most of the European ico doesn't cares about token price after ico. They think this way: we took the money and you dear investors please wait while we develop our product, after that you will get your profits. China guys works like - hype hype hype, everyone take profits on ICO stage, then we can do our development.

There are many reasons to avoid american ICOs, the country's rules and regulations, their citizens not being able to participate etc are some of them. However, trump government is not being too harsh about ICOs recently, recent negotiations with SEC might have had an effect. For now, eMusic looks like a project full of promises.

I think it's very dangerous if we invest in ICO America because we know that their government is very strict in terms of some kind of crypto industry.

The Americans have very good ideas and developments, investing in American projects is as risky as in projects from other countries, not only because of the control of SEC and security services, but also because of the large number of scam in cryptocurrencies. Maybe even American projects that were released on the ICO and received the approval of the SEC are less risky and are guaranteed to pay dividends to investors.

I think the founders have researched the law carefully before starting ICOs. So we don't need to worry anything about it. At present, many US ICOs are active and successful, without legal obstacles. We can't say anything until the SEC makes a decision. Ignoring American ICOs will make you lose a lot of good chances because it have many potential.

I do not see anything dangerous in American projects. And even on the contrary, I trust American projects even more than others, because in the USA strict laws against scammers.

As far as I know, these projects future is not good. Most probably these projects will be closed in near future. That’s why I think investing in American ICO is dangerous. Keep in mind, This is only my concern.

As i understand that is the token is sec complaint , if it is a security then this token in is an advantage not an disadvantage because then it is regulated by SEC and could be bought by US investors which is a very good thing.

It's more safe and secure to invest in an American project, but know that all your details income and all that pertains to you are free for the eye to see.  
It's not worth the stress, such ICO is already centralized and controlled by the government.  

What now situations with American ICO can project from US will have future and what now SEC still not give green light for this ICO?
I think it's very dangerous if we invest in ICO USA becouse how we know SEC  regulated  all. I see some project very progressive and with good team and plans but how  to know that this ICO and project will be not reesticted by SEC?

If we look back at the old news, a lot of ICO  projects which originated in America, got closed down. This could be the main reason why the people are reluctant or labelled it as dangerous to invest in them.

Emusic is known to be the first major music platform which embraced blockchain technology. Though they haven't yet made an official announcement, a website is known as token.emusic . They also have a plan for initial coin offering sale.   

There is no point in launching an ICO in USA at all, the best countries are Singapore, Switzerland, the tax havens and similar places. Forget the US, is not worth it.

With respect to ICOs from America, the singular risk they face is that they are under direct jurisdiction of SEC. Despite that, I have seen some American project founders register their project in other countries as this will enable them have a smooth fund raising process via ICO.