Quote from: RenegadeMind on September 05, 2017, 05:09:46 AM

Quote from: Hyperme.sh on September 05, 2017, 04:52:11 AM

Quote from: RenegadeMind on September 05, 2017, 04:46:51 AM

Quote from: Hyperme.sh on September 05, 2017, 04:23:40 AM

Quote from: RenegadeMind on September 05, 2017, 04:23:04 AM

The ban is silly as there are ways around it.

There will be no way around it. The prosecutions and delistings will make ICO-issued coins something that nobody wants to touch.

I certainly hope that you're wrong. It amounts to throwing the baby out with the bath water.

There is no problem. We can still launch new coins employing fundraising, which wont create an investment security for the tokens. We just have to do it the clever legal way.

Quote from: pawanjain on September 05, 2017, 04:51:50 AM

This doesn't mean there wont be ICOs. There will be ICOs coming but the number of ICOs would be less. If there won't be any ICOs then how would a coin enter the crypto market.

ICOs are dead and will not come back. The situation for them will get worse and worse over the coming months and year, until all the hard-headed have been punished.

Coins can be issued with proof-of-work or with the clever legal way.

Excuse my ignorance, but I'm not clearly seeing what the "clear legal way" is. Reading here (where you linked):

https://steemit.com/cryptocurrency/@anonymint/re-h0bby1-re-anonymint-are-most-cryptocurrencies-doomed-to-collapse-because-they-re-ico-issued-20170904t001326092z

I'm not seeing the "clever way".

I'm not a lawyer, so this is beyond my expertise.

I see how PoW gets around the Howey Test. But for crowdfunding a project, I'm not really seeing "the clever way". (Maybe it's just late and I'm being stupid.)

Click the link to the blog so you can read the section:

Quote from: Hyperme.sh on September 04, 2017, 09:56:12 PM

Did you see he proposed an alternative to proof-of-work distribution which he claims would avoid the problem? See the section, Pre-mine Without Securitization