Quote from: realdeanz on July 31, 2017, 05:52:49 PM

so the SEC are in agreement with you that your ICO is a pre-order? Whats the difference between a pre order and an ICO?

The SEC has not formally stated that - they have offered guidance around how to evaluate this ourselves and we based on that, we believe that we are in the clear.

Quote from: qiwoman2 on July 31, 2017, 06:14:34 PM

Now the SEC is putting it's smelly nose in everything ICO this is going to make everything for us much more complex. Of course investors want to eventually make profit, that's what they invest in for in the first place. So now instead of profit we need to find another name and a crap load of other terminology. Isn't it just easier to do ICOS outside of the U.S.A and not allow U.S citizens to partake in the ICOS？ That would just get rid of the SEC once and for all correct?

The SEC is just doing their jobs and there are some very problematic ICOs - especially those that go on to invest in other assets (digital or otherwise) and pay a dividend. Those are clearly securities and it's a big problem that individuals think they can issue a clear security and not deal with any of the regulation.

I also don't think that the SEC is the end of the road here. Even if no US-based companies and no US-based individuals were involved in ICOs, I'm sure someone somewhere would pick up the regulatory slack... I just think they're waiting for the SEC to be a first-mover.

Quote from: pearlmen on July 31, 2017, 09:37:27 PM

A lot of us don't know you will be launching an ICO next week because I don't know about it just now you have said it. Also, concerning the issue of SEC I dont know how you want to show us this. Is it that you will have to wait for a clearance certificate from SEC or since you have written them, then all coast is clear because I really want to understand how this new policy concerning ICO will work.

I'm just here sharing my experience, that's all. We're not waiting for a clearance or certificate, we're launching tomorrow but we think that we're in the clear based on their guidance.