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Title: Is it illegal to sell my new currency on my website Post by: nomino on January 26, 2015, 11:55:44 AM If I create an amazing new coin with great USP and premine it all, can I sell it on my website or is it illegal in some way? I've not discovered any sites doing this and I'm wondering why. All sales would be made with BTC.
Title: Re: Is it illegal to sell my new currency on my website Post by: autodiv on January 26, 2015, 12:07:37 PM If I create an amazing new coin with great USP and premine it all, can I sell it on my website or is it illegal in some way? I've not discovered any sites doing this and I'm wondering why. All sales would be made with BTC. Check with your attorney. People on forums are not qualified to give financial advice. Title: Re: Is it illegal to sell my new currency on my website Post by: unusualfacts30 on January 26, 2015, 12:10:39 PM that's what "ICO" is. Look up ziftr they're doing it
https://www.ziftrcoin.com/presale/ Title: Re: Is it illegal to sell my new currency on my website Post by: nomino on January 26, 2015, 12:12:45 PM this would not be a presale. it would be an ongoing sale.
Title: Re: Is it illegal to sell my new currency on my website Post by: unusualfacts30 on January 26, 2015, 12:27:58 PM this would not be a presale. it would be an ongoing sale. no one gonna buy your shitcoin for exact amount of $ if there is nothing to gain. What would buyers/investors gain? or you just trying to rip people off in direct way? Title: Re: Is it illegal to sell my new currency on my website Post by: nomino on January 26, 2015, 12:30:11 PM not giving away the USP here. Just want to know if there's any reason I can't sell the coin online. I don't want to hide behind exchanges.
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