Topic: Where would you IPO? (Read 4689 times)

i think centralized exchanges are a necessary and decentralized exchanges are just not ready yet.
we are already shifting the money paradigm, lets not rush in decentralizing eerthing.

in the end, its *still* all about trust. at least in bitcoin securities.

A simple Google search will counter your arguments as usual 

There are no trusted centralized solutions at the moment.

Or lose half of them.... decentralized scam risk is extremely high, if you let "mum users" get in you expose them to enormous risk. Better stick with trusted centralized solutions.

If you can solve that problem you'll make some serious Coins

I'm in total agreement. Do you guys know when someone will have a full-on solution for this usable by my mum?

That too! But SEC registration is.... costly.

I used to like cryptostock, but nearly all the listed IPO turned out to be blatant scams...

You should be careful filing an IPO with any unregistered exchange.

You should be very careful with decentralized exchanges like NXT AE or Counterparty as the securities owners are perfectly unkown and for the most case untraceable.

NXT Asset Exchange.

Majority of assets were IPOed through nxt AE.

http://coinmarketcap.com/assets/views/all/

Havelock.

It is in the 1 000+ Bitcoin range the coins/stocks that is locked in.
As Kumala dosent fix such bugs that dont let people sell shares in stocks that he said he should have removed the IPOflag on a long time ago, so kumala has basically been keeping a large part of all peoples investments on his stockexchange hostage for a very long time now.
That thing and the fact that he hasent fixed the bug on open buy and sellorder that miss information on what shares the orders is for.
His own Vircurex stock that is listed on cryptostocs has also been in violation of there contract with there shareholders since 1.5 years ago or so. All such serious things that he dosent fix really shows that they can not be an option for anyone to list stocks/bonds on.
 
So i would have to say coinsortium, they probably need 3-6 months to get established but i think they have potential to become a better option in the future than havelock or cryptostocks will be.

The non centralised options i know to little of to have any opinion about.

Great thread... I wonder when the first decentralized Bitcoin Stock Exchange will come out?

I imagine a solution like this decentralized currency exchange but for securities - http://bitsquare.io/

Counterparty or NXT

Plenty of things:

1) Verification - partnership with Ardeva
The "triggers" that started Coinsortium were Cryptostocks problemes: Crazy listing and withdrawal fees, no support, bugs that stayed that way for years etc. but mainly absolute lack of a true verification framework. Most of the platform mentioned so far are open to scammers who can forge nice documents and whatnot, cash money from an IPO and disappear never to be seen again.

On Coinsortium you cannot do that. Ardeva verification (required for company owners only) is very strong so investors will know who they are dealing with, where is located, what is its yearly income etc. This will remove most if not all the scammers around.

It works both ways: the investor is happy for the increased security and the company owner shows that he is willing to "put his face on the line" instead of being some dodgy username on a site.

2) Diversification - Soon be able to transact in multiple crypto currencies.
3) Protection - 3rd party wallet integration with 125% security guarantee
So far we can only accept BTC but this is bound to change soon with a new partnership.

4) Bug Bounty - quickly and efficiently identify problems
As a new platform we understand that we have polishing to do. We offer BTC bounties to those who find a major flaw in our site mechanics.

5) Active development - agile mentality and direct contact with userbase
It is our intention to be as closer to the userbase as possible. While sometimes investor and company owners points of view collide we are striving to mantain everyone happy. Tickets are answer within hours and a direct channel of communication is available on the site, here, and on Facebook.

I strongly urge everyone to stay away from Cryptostocks. Afew weeks ago the owner blocked all securities from allowing free trade after dropping their IPO. This means once you buy shares, they will not be able to be sold. The owner was also suppose to allow free trading against all securities that had dropped their IPO and turned it back on, and has failed in this also, resulting in hundreds if not thousands of bitcoins being locked in to unwanted shares. Also they obviously dont check verification documents as people are still stealing via fake securities under fake ID, and the owner never replies to e-mails.

Hi there Killerloop,

What would your elevator pitch for Coinsortium be to a potential company looking to IPO? Why would someone IPO with Coinsortium over Havelock?

I have no prejudice here, but am sincerely interested in this area...

Hi! Coinsortium is fine, it's more the BTC community (based on the responses I got in the "help my IPO" thread). The fact is, mining IPOs sell out on day one despite everyone knowing they are negative ROI in the long term, and real business still can't get a foothold. If you're not promising 5% a week you're not on the map.

Hi,
I am the Community Service Manager of Coinsortium and I'm here in the effort to estabilish a direct line of communication with potential users of our service.

I would like to hear your opinions, if any, on our service: site overview, usability, issues... all comments are welcome.



This is not true IMHO, more than 300 BTC volume in a few weeks without advertising isn't exactly "dropping the ball".
Maybe the users on NXT AE were more favorable towards your venture, who knows?