Link: https://www.wsgr.com/WSGR/Display.aspx?SectionName=publications/PDFSearch/wsgralert-initial-coin-offerings-1017.htm
Highlights:
> Some tokens are and always will be securities. Tokens that offer holders dividends, interest, or profit or revenue participations, for example, generally are securities.
> Tokens that are solely utility tokens should not be securities.
> Simple Agreements for Future Tokens (SAFTs), as used today, almost always are securities.
Topic: ICOs at the End of 2017: What We Think We Know and What We Don't Know | Alert by (Read 182 times)
October 18, 2017, 02:12:13 AM
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