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Author Topic: Do you think all ICO are securities ?  (Read 747 times)
lopez cryptomania (OP)
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February 19, 2018, 11:42:49 PM
 #1

https://www.coindesk.com/no-not-icos-securities/

This article brings to light that all ICO's are Not securities, I personally don't think any of them fit into the SEC square box nicely of how they define one. This is a completely new and different asset class and should be treated as one when it comes to regulation. I find it ironic that there is a Securities forum to chat on here, are we trying to support uncle Sam or take him down with this forum?

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February 23, 2018, 05:31:22 PM
 #2

https://www.coindesk.com/no-not-icos-securities/

This article brings to light that all ICO's are Not securities, I personally don't think any of them fit into the SEC square box nicely of how they define one. This is a completely new and different asset class and should be treated as one when it comes to regulation. I find it ironic that there is a Securities forum to chat on here, are we trying to support uncle Sam or take him down with this forum?


I thing ico are not securities and as a new innovation we should treat it as such.  Ico or tokens market should not be recognized by the sec as stocks or share, commodities and securities but a new markets that should have its own policies. The more we go about cryptocurrencies the more understanding we would get on how to used it to become of a great benefits to us all.
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February 24, 2018, 05:40:07 AM
 #3

I think that we need to chouse project for investing with with zealousness, since you can not only lose money but also give your nifty to unnecessary people!
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February 27, 2018, 01:01:25 PM
 #4

Some of them are securites some of them are not securities, depending on what you are selling, this regulation classifies ICOs in 3 groups:

https://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/myfinma/1bewilligung/fintech/wegleitung-ico.pdf?la=en

What I want to know though is that since PayPal accepts now to be the payment processor for ICOs (check this link: https://parkgene.io/parkgene-ico-now-accepting-paypal-payments/)

does this mean that if we want to make an ICO, we do not need to worry about KYC/AML anymore? PayPal takes care of this for us?
lili song
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March 04, 2018, 02:51:08 AM
 #5

ICO securities not 100% secure, but they try make it more better for the secure. ICO technologies and innovation every years growing.
In the future I sure ICO securities will be more secure. Many ICO will coming up in this year, new different technologies and innovation.
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March 04, 2018, 12:06:49 PM
 #6

Some of them are securites some of them are not securities, depending on what you are selling, this regulation classifies ICOs in 3 groups:

https://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/myfinma/1bewilligung/fintech/wegleitung-ico.pdf?la=en

What I want to know though is that since PayPal accepts now to be the payment processor for ICOs (check this link: https://parkgene.io/parkgene-ico-now-accepting-paypal-payments/)

does this mean that if we want to make an ICO, we do not need to worry about KYC/AML anymore? PayPal takes care of this for us?

PayPal is not sellerfriendly payment processor. I suppose they will have big problems soon.

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March 05, 2018, 10:31:29 AM
 #7

Some of them are securites some of them are not securities, depending on what you are selling, this regulation classifies ICOs in 3 groups:

https://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/myfinma/1bewilligung/fintech/wegleitung-ico.pdf?la=en

What I want to know though is that since PayPal accepts now to be the payment processor for ICOs (check this link: https://parkgene.io/parkgene-ico-now-accepting-paypal-payments/)

does this mean that if we want to make an ICO, we do not need to worry about KYC/AML anymore? PayPal takes care of this for us?

PayPal is not sellerfriendly payment processor. I suppose they will have big problems soon.

I have been advised of the following:
1. No you cannot offset the responsibility of KYC/AML to anyone and you are the sole responsible. What can happen is that you can enlist the services of an entity that you trust would do a good job at KYC/AML, but if they fak up then it's your ass. All you can do is chase them back for some of their fees. So you should know what your target audience is and make sure your payment processor has good experience in the countries where they accept payment from.

I agree PayPal is not seller friendly and it is the worst service on this planet and I will not use it nor do I recommend any seller use PayPal for any reason whatsoever. I was just giving an example. I am still looking for a good payment processor that does AML?KYC if you know any.

2. The laws go deep into the substance of the ICO and not the form of ownership of the token to determine whether it is a security or not, and they err on the side of the more conservative interpreation.
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March 06, 2018, 07:32:57 PM
 #8

Hi guys, im new to icos but i realized that most of the times i cannot buy as much tokens as i want. I read about this mkk pool https://discord.gg/FHKZGGX yesterday, they organize kind of a pools for pre-sales? Has anyone heard of them? Any experience? Are they trustworthy?
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March 12, 2018, 05:51:36 AM
 #9

https://www.coindesk.com/no-not-icos-securities/

This article brings to light that all ICO's are Not securities, I personally don't think any of them fit into the SEC square box nicely of how they define one. This is a completely new and different asset class and should be treated as one when it comes to regulation. I find it ironic that there is a Securities forum to chat on here, are we trying to support uncle Sam or take him down with this forum?


I do not think ICOs are securities. Most of them in my opinion, are just mere investment  which involve risks because you are paying with no products but are hopeful of the project/ICO to be successful to get big gain from your investments. So in order to have less risky investment in ICOs you have to do your own research, the whitepaper, the team, and the company itself.
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March 12, 2018, 10:47:29 PM
 #10

https://www.coindesk.com/no-not-icos-securities/

This article brings to light that all ICO's are Not securities, I personally don't think any of them fit into the SEC square box nicely of how they define one. This is a completely new and different asset class and should be treated as one when it comes to regulation. I find it ironic that there is a Securities forum to chat on here, are we trying to support uncle Sam or take him down with this forum?


I do not think ICOs are securities. Most of them in my opinion, are just mere investment  which involve risks because you are paying with no products but are hopeful of the project/ICO to be successful to get big gain from your investments. So in order to have less risky investment in ICOs you have to do your own research, the whitepaper, the team, and the company itself.
This is the difference when we do try to compare ICO and traditional securities which ICO don't have product which you can possess on.You might be a shareholder but doesn't guaranteed you out on making money for long term which it will really fall into investment category which is 100% suits in.
Cryptagio
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March 19, 2018, 05:16:12 PM
 #11

I do not think so, if a token is not linked to financial performance and gives no voting rights than it should not be considered as security

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March 21, 2018, 11:37:52 PM
 #12

I do not think so, if a token is not linked to financial performance and gives no voting rights than it should not be considered as security

Agreed  Grin
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March 25, 2018, 07:25:52 PM
 #13

The very definition of a security means that you own a stake in the company, whereas ICO tokens don't allow you a stake in the company behind the ICO.

They're not shares, they're not securities, bonds or any of the like, they're simply tokens, they're in a new class of investment.

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henryl9
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March 27, 2018, 03:29:37 AM
 #14

So far, I believe yes. --> https://www.coindesk.com/sec-chief-clayton-every-ico-ive-seen-security/
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March 27, 2018, 08:41:24 AM
 #15

https://www.coindesk.com/no-not-icos-securities/

This article brings to light that all ICO's are Not securities, I personally don't think any of them fit into the SEC square box nicely of how they define one. This is a completely new and different asset class and should be treated as one when it comes to regulation. I find it ironic that there is a Securities forum to chat on here, are we trying to support uncle Sam or take him down with this forum?



Recently i've visited the conference about regulation of ICO's market. So, the speakes have analysed more than 600 projects, so thats why 95% of it has security tokens. Many venture investors don't understand why utility tokens are volatility about 30% per day.
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March 28, 2018, 10:15:33 AM
 #16

Each person thinks, but in my opinion, ico is a kind of investment suitable for everyone. But it takes time and experience...

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March 29, 2018, 11:28:15 AM
 #17

Centralized regulation on crypto are all doomed to fail.  Centralized regulators and their central governments only try to remain relevant in the ever moving world by attempting to fit cryptocurrencies into their little boxes of control.  Any regulation on crypto needs to be conducted at the protocol level, and not by centralized regulators or the central government which are prone to and will lead to corruption, eventually.  Everyone and everything has a price, however, when decentralizing regulation itself corruption will be economically inviable.
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March 31, 2018, 03:17:36 PM
 #18

No one can say this ICO %100 safe but they are trying to eliminate scammers . If they could succeed everyone wins. There is a some project for this problem. You can invest.
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March 31, 2018, 04:58:31 PM
 #19

The very definition of a security means that you own a stake in the company, whereas ICO tokens don't allow you a stake in the company behind the ICO.

They're not shares, they're not securities, bonds or any of the like, they're simply tokens, they're in a new class of investment.
On general or technically speaking cryptocurrencies cant really be considered as securities because as being mentioned securities means you do have a share or bond and as being said crypto tokens doesnt really work on this way.You might holding up a token but doesnt really signify that this would be a security. Some people do insist regarding into this matter but well its their own beliefs as long we do know how crypto works then just let other people do treat on what they are believing.

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April 11, 2018, 04:23:57 AM
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No, not all. You need to carry out a background check, the development team, their roadmap, future goal, market cap, total circulating supply. If “Yes” for all this checklist, you can go ahead and enjoy good returns once token listed on other exchanges.

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