I heard as per new rules it is mandatory to have a working platform before the ico to show the tokens can be spendable. Would this applies to paypie also or is it out the new rule sets because of its jurisdiction area?
Are you talking about Korea based ICOs or ICOs in general? Or China based maybe? PayPie isn't based in Korea or China, I see no problems at all
That's right!
I would also like to know where these new rules are stated, to which country they apply, etc. If it's not just a rumour or hearsay someone can provide perhaps a source.
Then these are no impact on PayPie.
I am more concerned about the PayPie team's planning of the project and the current advance of PayPie.
If this is true , it would significantly decrease the number of ICO's on the market. Having a working product is no easy feat.
There are no official new rules for ALL ico's. Maybe just some new laws in Korea and China. But still a lot of other countries
It can make uncertainty. If Korea and China ban, others will follow?
It's a delicate market, everything is affecting bitcoin price and ico contributions. This kind of news is toxic for us.
Of course it should concern us when a country like South Korea decides to ban local ICOs. Btw. Switzerland is investigating ICOs, too. Maybe they'll make some regulations as well?
It's naive to think that these news don't have an effect at all to the success of an ICO.
