Have you guys followed SEC regulation by filing the proper paperwork (or are you planning to be non-US?) So far I haven't found a single ICO that has.
Also do you feel that China will fully investigate and approve your case before the ICO begins? As mentioned in the first half of my post most ICOs don't really go anywhere which is why they are working towards regulating them.
They didnt ban actually. US requires SEC filing where token falls under definition of security, and China takes time to investigate ICO cases. Both facts can be no way construed as ICO prohibition.
We're not required to file with SEC since TIE token is merely utility one (according to famous Howey test). And the contemplated TGE will be non-us. That will be explicitly set forth in the TGE docs.
why are you doing 1 ico for 2 projects?
Because Ties.DB is required to build Ties.Network. We'd like to use existing solution for data storage but there were no any. So we are pioneers to bring Ties.DB to decentralized world.
Will Ties team doing rebuys if price could go under ICO prices?
Ties.Network will not be doing rebuys.
How will you distribute TIE tokens?
During the TGE, 70% of TIE tokens will be sold, 10% of the tokens will be reserved for the potential marketing costs, as well as for motivation of early users to join Ties.Network, and 20% of the tokens will be allocated among advisers, counterparties, project development partners and the project team.+
Those who participate will obtain some shares and/or dividends to provid capital for a startup?
No, this is not an offering of shares or dividends. The ICO is a launch of the Tie, a utility coin for the Ties Network platform. The ICO allows interested parties to purchase the TIE coin at a discounted rate in advance of the full launch of the Ties Network platform, which allows you to search for business partners in crypto community, create projects and make business deals.
A utility coin refers to the fact that TIE is actually used for more than just speculation on the crypto exchanges but has a value that can be used for other purposes in the future such as mutual payments within the platform to business partners, who are also the members, and financing projects created on the platform.
