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Author Topic: Do non-blockchain startups sell tokens as "shares"?  (Read 290 times)
Ezechiele (OP)
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July 10, 2017, 06:44:55 PM
 #1

Hello guys, i've read something about ICO and similar stuff, and I have a question:
Are there non-blockchain based startups offering shares as Tokens?
To be more clear here is an example:
I value my startup 200.000$ and I decide to give away 25% of my shares, so I create 200000 STARTUPTOKENS and I sell 50000 of them at 1$ each.
At the end of the year I send a proportional part of the startups earning in bitcoin to shareholders.

If yes:
Does a website/Service that allows me to do this in an easy way exists? (Maybe waves?)
How a shareholder can be sure I will give him his part of earnings?

If no:
Why? What are possible issues about this?

Thank you guys
klarki
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July 10, 2017, 07:43:08 PM
 #2

Hello guys, i've read something about ICO and similar stuff, and I have a question:
Are there non-blockchain based startups offering shares as Tokens?
To be more clear here is an example:
I value my startup 200.000$ and I decide to give away 25% of my shares, so I create 200000 STARTUPTOKENS and I sell 50000 of them at 1$ each.
At the end of the year I send a proportional part of the startups earning in bitcoin to shareholders.

If yes:
Does a website/Service that allows me to do this in an easy way exists? (Maybe waves?)
How a shareholder can be sure I will give him his part of earnings?

If no:
Why? What are possible issues about this?

Thank you guys

Let's substantively.
What does your company do? What guarantees do you provide to the shareholder?

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davei
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July 10, 2017, 10:17:52 PM
 #3

Hello guys, i've read something about ICO and similar stuff, and I have a question:
Are there non-blockchain based startups offering shares as Tokens?
To be more clear here is an example:
I value my startup 200.000$ and I decide to give away 25% of my shares, so I create 200000 STARTUPTOKENS and I sell 50000 of them at 1$ each.
At the end of the year I send a proportional part of the startups earning in bitcoin to shareholders.

If yes:
Does a website/Service that allows me to do this in an easy way exists? (Maybe waves?)
How a shareholder can be sure I will give him his part of earnings?

If no:
Why? What are possible issues about this?

Thank you guys
Yes, there are some Startup ICOs that make this promise. But no, there doesn't seem to be a way to verify an accurate dividend payment, if you are relying on them to honestly report their profits. Nonetheless, some of them seem to be successful in their crowdraises.  Huh
Ezechiele (OP)
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July 11, 2017, 07:20:41 AM
 #4

Let's substantively.
What does your company do? What guarantees do you provide to the shareholder?

Is an iOS / Android application that allows events organisers to hire musicians to play in their events, we have a fee on the payments and at the launch this will be our only way to earn for the application, so at the end of every year we decide how much to keep for the company as investment and how much to give to shareholders as dividend. I think giving shareholders the power to vote on this and other stuff would be cool.

It's strange to me that something like this doesn't exists
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