non accredited investor

[vader18]

Hi, I'm new and have a bunch of questions. I am interested in "asset" coins like Maidsafe, Peerplays, Counterparty, First Blood as well as a few others. I am not an accredited investor. I'm an American citizen, not residing in New York state, thank God.

1. Are those coins considered assets or even stocks?
2. Can I buy during an ICO/IPO?
3. Does anyone know of a blockchain investment fund for non accredited investors? I'm looking for something like BankToTheFuture or FundersClub?

Sorry about all the questions, but I don't want to get into any legal trouble. I'd just like to invest a  couple hundred dollars in the future of money. The crypto space exists in gray areas and its evolving quickly, especially with the Title 3 crowdfunding stuff that went into effect on May 16 2016. Hopefully one of you can shed some light on this topic.

[pawel7777]

I'm no expert, but pretty sure you won't get into any trouble just by buying any cryptocurrencies or participating in IPO/ICO. It's the organisers' responsibility to meet all the legal requirements, so at worst you'll be considered a victim of illegal IPO.

Just declare any taxable income, keep all the records and you should be safe. And it's best to enquire directly with relevant authority rather than getting advise on the forum.

[vader18]

Thanks for your reply, Pawel7777.