Do it right the first time…
If you have a project and want to issue a token issue a security token.
Get help and do it properly. Work within the rules that offer a framework to get your token purchased by investors that have declared themselves. Get licensed in a jurisdiction that will support your venture, Gibraltar, Jersey, or Isle of Mann to name a few…
Work with ICO platforms that can issue a security because they work with and are integrated with regulated broker firms. Find some that have created token launch assets that work in a regulated market under the guidance of regulators and leading crypto lawyers. Find platforms that can issue a security, receive cryptocurrency, act as a custodian holding investor monies and are able to move this capital around in the right way.
Founders have an obligation to do it right first time and to ensure investors are protected, including post-ICO services for investor comms and governance. This way they avoid the lawsuits, calls, actions and the ultimate collapse of the project, or where the regulator steps in and demands the money be returned.
After all it isn’t your money, it’s someone else’s.
https://cointelegraph.com/news/why-ico-landscape-has-shifted-from-bootstrapped-projects
