2342q6tegw (OP)
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June 17, 2018, 02:13:44 PM
Last edit: June 18, 2018, 07:17:44 AM by 2342q6tegw |
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With the recent exemption on ICOs run in WYoming (My ubnderstanding is the state law applies over SEC if you don't sell across state lines. Would you go to Wyoming to buy crypto in person?
I'm wondering if the only way for a US citizen to join am ICO was to physically go to Wyoming, if anyone woukd do so.
Yes, tokens can be sent anywhere but, the organisers may only be able to.sell them. (At least to us citizens in one state) I'd suspect if the ICO was popular enough there would be locals or people who would travel to.buy tokens in person and then resell theml.
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paxmao
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June 17, 2018, 08:50:17 PM |
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With the recent exemption on ICOs run in WYoming (My ubnderstanding is the state law applies over SEC if you don't sell across state lines. Would you go to Wyoming to buy crypto in person?
No, but I think they have great horses there. I wonder how would the law treat the fact that even if you sell them in Wyoming, the tokens are sent all over the world. |
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FinalFury
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June 17, 2018, 09:54:50 PM |
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What exactly are you saying? That it's beneficial for an ICO to run in Wyoming so long as people buy in Wyoming only?
That would not be a good strategy because only a tiny amount of people are willing to travel hundreds to thousands of miles just to participate in an ICO.
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suchmoon
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June 18, 2018, 04:29:03 AM |
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Yellowstone is awesome. As is the rest of Wyoming mainly because there is like 20 people living there.
I have a feeling though that this isn't a travel thread. I wouldn't go out of my house to buy an ICO.
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paxmao
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June 18, 2018, 10:26:55 PM |
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Yellowstone is awesome. As is the rest of Wyoming mainly because there is like 20 people living there.
And of those 5 are just visiting family and another 5 are on plane flying over. I have a feeling though that this isn't a travel thread. I wouldn't go out of my house to buy an ICO.
Oh, lucky you that have a decent data provider! |
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bones261
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June 18, 2018, 11:00:53 PM |
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What exactly are you saying? That it's beneficial for an ICO to run in Wyoming so long as people buy in Wyoming only?
That would not be a good strategy because only a tiny amount of people are willing to travel hundreds to thousands of miles just to participate in an ICO.
Wyoming is only a two hour drive from where I am at. However, I do not think even I would be willing to make the journey just to buy ICO tokens. I think if someone required that I buy the tokens in Wyoming, I would just move on. I'm not certain how such an ICO token would ever have any liquidity in their market. |
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2342q6tegw (OP)
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June 19, 2018, 05:42:21 AM |
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What exactly are you saying? That it's beneficial for an ICO to run in Wyoming so long as people buy in Wyoming only?
That would not be a good strategy because only a tiny amount of people are willing to travel hundreds to thousands of miles just to participate in an ICO.
Wyoming is only a two hour drive from where I am at. However, I do not think even I would be willing to make the journey just to buy ICO tokens. I think if someone required that I buy the tokens in Wyoming, I would just move on. I'm not certain how such an ICO token would ever have any liquidity in their market. Liquidity would be easy, since they can ICO it in Switzerland and ignore any Americans not in Wyoming rather than all Americans. In fact if it was a popular ICO, I suspect there would be a lot more usa liquidity than anywhere else. Wyoming locals or traders could buy it then sell at a slight premium on here for btc. |
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Gloryobinna
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June 19, 2018, 06:03:50 PM
Last edit: June 19, 2018, 06:52:47 PM by Gloryobinna |
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Okay, I think I will have to google this place, I have once read from a famous celebrity write about this on her instagram page, and I watched Rampage where the wrote a location called Wyoming, now here again I see the name... Off to google to do my research on this name.
Edit :
Okay I am back with my Google research, quite an interesting place, it's a tourist attraction place.. Nice name Wyoming.. Smiles
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DefDope66
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June 21, 2018, 08:57:26 PM |
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Wyoming is a great state with horrible weather. I would consider it more if the wind blew below 60 mph.
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crypto_nd
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July 02, 2018, 08:23:11 PM |
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why would i go to Wyoming just to buy an ICO, sickening.
token can be sent anywhere in the world.
why use the money i should probably add to the ico to travel.
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MintDice
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July 04, 2018, 11:03:48 PM |
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Maybe if you are involved in mining it would be worth it to move there...it seems the state saw this move as a way to leverage their electricity surplus, they generate so much of it that they just end up sending it to other states (miners could definitely benefit from this). In general, the state boasts large reserves of different types of energy, it seems like a smart move on their part. Check out our blog post on this new law if you want to learn more: http://bit.ly/WyomingLaw |
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