The US Securities and Exchange Commission recently ruled that ICOs, but not crowdselling, will be treated as the sale of a security. This basically means that all ICOs must be registered like IPOs and offered only to accredited investors . … The difference between an ICO and crowdselling comes down to is the Howey test.
Read moreCan US citizens participate in Polkastarter?
Persons located in or residents of the United States, North Korea, Iran, Venezuela or any other jurisdiction in which it is prohibited from using the Service (the ”Prohibited Jurisdictions”) are not permitted to make use of the Service.
Read moreWhy can’t Americans participate in ICOs?
Why ICOs ban US citizens? Banning of US citizens from participating in ICOs has to do with outdated financial and investment policies of US authorities . At the core of this ban is the official designation granted by US to ICOs and tokens offered at these offerings.
Read moreWhat is an IDO allocation?
They are the digital world’s next big thing, specifically in terms of decentralized finance. An IDO is a platform for crowdfunding for any new project launched on a decentralized exchange platform using coins or tokens . Due to the project’s blockchain-based approach, people from various backgrounds can contribute.7 Mar 2022
Read moreWhat is game IDO?
An initial DEX offering, or IDO, is a new and exciting type of decentralized and permissionless crowdfunding platform , which is opening up a new way of fundraising in the crypto space.17 Ara 2021
Read moreWhat is ICO IDO?
IDO, or Initial DEX Offering, is a crypto coin (or token) offering that happens on a decentralized exchange (DEX) . Unlike an ICO, however, where tokens are sold before an exchange listing, in an IDO, tokens are immediately listed on the DEX through which they’re launched.
Read moreHow can I participate in an IDO?
Participating in the IDO
Read more