Topic: Is Switzerland the best country to launch an ICO (Read 285 times)

Only the Switzerland people can give you an exact information therefore i suggest that if you want to register an ICO to this nation then better if you go directly to their government agencies so that all of your inquiries will be completely answered as every nation has different regulations and policies so it would be better if you will ask them directly.

Funny how things have changed, from successful ICOs to crappy coins worth nothing, a mirage just like Russia always liked to portray itself till you reach the horizon and fall into a quicksand trap.

Reviewing the list, I see populous as a successful ico claiming:

Well, the bad news is that right now it is trading 50% below the ICO price.
Or storj...which is currently sitting at 30% of the ICO price.

An ICO that actually delivered something.....something?

Second:
Russia: World’s First Country to Launch a Guarantee System for ICO Investments


That was February 2018...it's 2019...and?

It reminds me of all the promises Russia made for Crimea, it will turn into a Silicon Valley, a Las Vegas, a Frech Riviera but in the end, nothing happened.

Besides all that bs of how Russia is such a wonderful place to create a business  let's count the negs:

1) Under banking sanctions that could be extended at any moment from the western world to any other domain
2) Known for changing the fiscal code at a whim
3) Ranking 138 (out of 180) in the most corrupt counties
4) Ranking again 103 in the economic freedom statistic

Why would you create a product in Russia and confine yourself to the borders of a country with a GDP the size of Spain but with for lot more poor people than most like won't be able to use your product and then go to all the trouble to get access to the western markets?

Let's not even count the whole language barrier, especially the alphabet.

The government of Switzerland controls ICOs in an unexpected way, contingent upon the idea of their cryptocoins. There are three classifications: payment tokens, utility tokens and asset tokens. Payment tokens are coins like bitcoin that are normally used to encourage esteem exchange. Utility tokens empower access to a particular application or administration. Asset tokens give their clients value in an organization. The most managed kind of token is the asset token. asset tokens are treated as securities and require the approval of the Swiss Financial Market Supervisory Authority. Also, a few kinds of ICOs may require the coin backer to acquire a saving money permit. In addition, all Switzerland-based ICO backers must agree to the nation's AML (Anti Money Laundering) necessities.

Organizations considering beginning an ICO in Switzerland ought to counsel with an assessment master first. The nation regards digital forms of money as outside monetary standards for duty purposes and are liable to an extraordinary riches charge. In spite of the fact that every Swiss Canton can utilize distinctive numbers for deciding assessments, they for the most part pursue the direction of the Swiss Federal Tax Administration. In 2017, the prescribed duty rate for bitcoin was CHF13,784.38, or around $14,514 USD


Still have an idea to launch ICO in Switzerland, Choose the best ICO development company>>

It certainly is. Not without reason the Swiss city of Zug and the Canton of the same name have become a global center for cryptocurrencies and blockchain technology. Zug even earned the nickname "Crypto valley" and Swiss economy Minister called him a model by which a country can become "crypto nation". Two years ago, the city authorities attracted the attention of the media, agreeing to accept bitcoins as payment for public services. Now there are almost 200 companies engaged in blockchain in Zug, and the organization behind the popular Ethereum cryptocurrency. Also thanks to this city, Switzerland last year took second place in the world after the US in terms of funds raised as a result of the initial placement of cryptocurrencies. All this makes Switzerland one of the best country to launch an ICO.

The ongoing launch of Switzerland and specifically Zug makes it a tradition of installing. In the end Switzerland became home to innovative financial technology.

Just would like to add to ruthbabe's comment that yes, Russia should definitely be considered as a good launchpad for ICOs/blockchain startups. It may not have the glamourous feel or hype of Malta, Gibraltar, even Switzerland, but it should be noted that Russia's widely reported negativity towards blockchain is largely unfounded and under-investigated - typical of mainstream media and perhaps a demonstration of the West's poor understanding of anything that happens outside of non-English speaking regions.

Russia and former USSR nations are proven to have some of the highest developer talent per capita (although Netherlands is top for blockchain human resources as I recall) and are a lot more open towards decentralised tech than the media would want us to believe.

Don't let the language fool you, I say.

I don't know why you're LOL. Why Russia? Well, I did my research, you should do yours too! Russia is one of the 10 countries have the most vibrant crypto & blockchain scene and the most successful ICOs. You may want to read also the following...

Which Country is Best for an ICO Launch in 2018? https://applicature.com/blog/ico-friendly-countries-2018
THE BEST COUNTRIES FOR AN ICO LAUNCH, https://www.linkedin.com/pulse/best-countries-ico-launch-mykyta-safronenko
Russia: World’s First Country to Launch a Guarantee System for ICO Investments, https://coindoo.com/russia-worlds-first-country-launch-guarantee-system-ico-investments/
Russia’s Largest Bank to Pilot First Official ICO, https://cointelegraph.com/news/russian-central-bank-to-pilot-first-official-ico
Russia's Newly Drafted Cryptocurrency Bill: 'Crypto Not Cash', https://www.forbes.com/sites/kenrapoza/2018/01/29/russias-newly-drafted-cryptocurrency-bill-crypto-not-cash/#199fda33646e
How to launch a successful ICO in Russia, presentation from Artem Koltsov, one of top 20 entrepreneurs in Saint Petersburg, https://spb.bc.events/en

could you please help me to find m user name? 

Switzerland is crypto-friendly, but this does not mean it will be any less strict when it comes to ICOs... or rather, it is even more strict with ICOs because of its crypto-friendly regulations. It's definitely a startup hub, with Zug being Crypto Valley, but their FINMA (finance, markets regulator) as early as mid-2017 already began cracking down on ICOs supposedly launching from Switzerland (very popular launch pad last year) and were supposed to release some public findings earlier this year but never recall seeing this.

FINMA's been pretty clear that while Switzerland (or any other jurisdiction, for that matter) doesn't have specific ICO regulations, they are prepared to seek and prosecute ICOs that have broken existing laws. It said so in this press statement, at the time of ongoing investigations: https://www.finma.ch/en/news/2017/09/20170929-mm-ico/

This is how ICO regulations stand at the moment: https://www.finma.ch/en/news/2018/02/20180216-mm-ico-wegleitung/

Is anywhere safe to launch an ICO from? If it's something I were considering I'd wait until the SEC had come out with some definitive answers about their attitude towards it. They might be storing up some scares.

There might also be ICO specific legislation being rolled out in places like Malta. At the moment I wouldn't take the plunge unless I was in a fully ICO friendly jurisdiction.

Most ICO that successfully promoted and supported were from China,, sadly but that’s the reality.. Most known coins or tokens are widely advertised by the people with the government taking sides to it.. Maybe because of they’re mentality as a former communist country..

So with positive note.. China wanted to regulate this for the sake of its own people and that’s acceptable,, but it won’t be a favourable and popular decision for the cryptocurrency community around the world especially the westerners..

It seems to me that ICO will face hard times no matter in which country the project will be implemented. The world is globalizing and this can be a problem for ICO teams. The American economy exists largely due to the stock market and control over it. Therefore, the Americans will do everything to prevent the popularization of ICO dj all over the world.

I don't think because if the rich country,even if it is rich country the population is less so we can't expect more cap values from the investors on a particular country.Basically the wealth of a country will be based on GPA still it doen't means that country has the most currency,it simply means they have less population.I think the reason maybe tax and regulations will be favor for crypto currencies.

The most happiest people live in Swiss, not just because of the environment but also because of government policy.

I think Swiss is optimal place to launch as long as the government are not against with cryptocurrency ( of course , the government must think twice before to legalize cryptocurrency,right ? )

Switzerland is a good place to open such  a business,if you do not mind outrageously high prices there and
an overal pricey cost of living,if you plan to operate an e-business from abroad,Switzerland should be one of your primary countries to research
another good option would be not Russia,as suggested above,but...Belarus,their neighbours
it is a VERY cheap country to live at,especially if you are running a business and what is more important,they leglaized cruptocurrencies and made everything
to attract crypto business there,including this legislation:
https://www.reuters.com/article/us-belarus-cryptocurrency/belarus-adopts-crypto-currency-law-to-woo-foreign-investors-idUSKBN1EG0XO
https://news.bitcoin.com/cryptocurrencies-activities-legal-tax-free-belarus-starting-march/

It could be. I have realized there are many projects that base at Switzerland. It seems they've also set certain regulations there to help favor people who want to set start-up there. Estonia is also another place many ICOs base.

LOL. Why do you think that Russia will be a good place to launch ICO? Again, their contradictory statements really shows that they appreciate crypto as everything thinks. I would agree that Switzerland would be once of the best country right now, together with Malta and even Singapore. I see some ICO that I'm looking at in the past couple of days has a HQ in Singapore and others in Switzerland while Malta is very friendly as evident of Binance and OKex moving there. They even passed 3 blockchain law recently which proves that they will be one of the hottest crypto hubs in the next couple of years.

This is debatable, places like Bermuda is also good enough to launch an ICO

Switzerland is rich country & able resolued all the problems. It is the centre of global industries. I think so it is the best country to lounch an ICO.

I can see Swiss is the best place that suit for any new economical attempt.
Overall it's depend on their government whenever they want to legalize bitcoin or not but I can guess it still difficult to convince people to accept risky investment