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 Banning of US citizens from participating in ICOs has to do with outdated financial and investment policies of US authorities .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 moreHow do I participate in IDO in Binance?
To enter an IDO, you will need a crypto wallet that can connect to DApps like MetaMask or Binance Chain Wallet . You will also need some crypto to buy the tokens and to pay for transaction fees. The exact crypto you’ll need will depend on the sale, and could even be LP tokens if you’re taking part in an IFO.
Read moreHow do you participate in an IDO?
Participating in the IDO
Read moreWhat is a 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 moreHow can I join IDO?
Joining pool: Connect your wallet — make sure to connect the same wallet you have won your allocation with. From the homepage scroll down to see the Open IDO projects and click on one. Click the green “Join Pool” button . Note: Make sure you have sufficient BUSD in your wallet to Join Pool.
Read more