Topic: Just Some Questions About Legal? (Read 209 times)
I was curious about the same issues. It'll very absorbing to get the ultimate information from the experienced investrors here.
You say that as if you have safe options for investment. How many bankrupt companies whose shares sold for Fiat? Any business is first and foremost a risk. Investing is a business. Can be ICO in the future will have more local investors who will have the opportunity for personal contact with authors of projects. In any case, ICO is a platform for attracting investment. It needs to be.
Thank you for your answers bro. So generally , as investors , we can lose all our money easily, people don't know about it yet :d
You got it right which its always been part of the risk of losing money when we do tend to engage with cryptos because not all are regulated which means they can really freely decide things without any permission from others which theres always a tendency or risk that we do lost all of the money we do invest. I'm sure most people do aware on that because this is how investment works specially on this cryptocurrency world.
If you do like to play safe then better not to jump in. Regarding on total supply this would be entirely depending on the ones who do create if they would decide limitless or do have either big or small supply.
Thank you for your answers bro. So generally , as investors , we can lose all our money easily, people don't know about it yet :d
1. The max supply of a coin :
How does coin maker define it ?
Why there is some coins with infinity supply as ETH, or unknown max supply ?
What if coin maker print more coins when it reach max supply ? So they will have more money ?
How does coin maker define it ?
Why there is some coins with infinity supply as ETH, or unknown max supply ?
What if coin maker print more coins when it reach max supply ? So they will have more money ?
It completely depends on the entity that initiated the project if they want a ceiling on the supply or not. They should also be able to increase the supply without legal repercussions, (barring technical limitations but those are unlikely) because the coins themselves cannot be regulated by law; just their use. As a side note, increasing the supply will almost certainly affect the price negatively. Cryptocurrencies are mostly priced on available supply vs the demand, and if the supply increases while demand does not, there should be a price drop as demand is met.
2. ICO vs IPO legal :
The legal responsibility of a company which has a coin issued for crowd funding as many coins in the coinmarketcap now ?
What if they close the project and open the new one for selling their coin again ?
In the near future, when they release their application which use coin/token for using , what if they don't want to use coin but cash only , will the coin be burn to the air as nothing ? Or it turn to be as stock of a company ?
The legal responsibility of a company which has a coin issued for crowd funding as many coins in the coinmarketcap now ?
What if they close the project and open the new one for selling their coin again ?
In the near future, when they release their application which use coin/token for using , what if they don't want to use coin but cash only , will the coin be burn to the air as nothing ? Or it turn to be as stock of a company ?
ICO regulation depends on the country. Here is a site with a quick summary of regulations in multiple countries:
https://btcmanager.com/current-state-of-ico-regulations-across-the-globe/
If they're unregulated in a certain country, they're free to close the project and start a new one with little, if any, legal liabilities. I imagine regulations can stop the second scenario from happening, but I've never heard of something like that unfolding.
anyone can give me little bit of source that i can find out the answer ? My appreciated.
Hi bros,
I am just having some questions about legal of a coin at the moment , hope we can discuss about it as investors:
1. The max supply of a coin :
How does coin maker define it ?
Why there is some coins with infinity supply as ETH, or unknown max supply ?
What if coin maker print more coins when it reach max supply ? So they will have more money ?
2. ICO vs IPO legal :
The legal responsibility of a company which has a coin issued for crowd funding as many coins in the coinmarketcap now ?
What if they close the project and open the new one for selling their coin again ?
In the near future, when they release their application which use coin/token for using , what if they don't want to use coin but cash only , will the coin be burn to the air as nothing ? Or it turn to be as stock of a company ?
Thank you for your discussion.
I am just having some questions about legal of a coin at the moment , hope we can discuss about it as investors:
1. The max supply of a coin :
How does coin maker define it ?
Why there is some coins with infinity supply as ETH, or unknown max supply ?
What if coin maker print more coins when it reach max supply ? So they will have more money ?
2. ICO vs IPO legal :
The legal responsibility of a company which has a coin issued for crowd funding as many coins in the coinmarketcap now ?
What if they close the project and open the new one for selling their coin again ?
In the near future, when they release their application which use coin/token for using , what if they don't want to use coin but cash only , will the coin be burn to the air as nothing ? Or it turn to be as stock of a company ?
Thank you for your discussion.
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