Re: [ANN] [STO] Get HYPD! The World's Most Powerful Ambassador Marketing Platform
Help my understand...you're calling this an STO, but as stated on your website:
How can it be a security token yet not be registered with any legal body? This sounds more like misleading spin than anything else. Please explain.
Hi there,Quote
THE OFFERING OF HYPD TOKENS HAS NOT AND WILL NOT BE REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933 (THE SECURITIES ACT) OR ANY US STATE SECURITIES LAWS. ADDITIONALLY, THE HYPD TOKENS HAVE NOT AND WILL NOT BE REGISTERED IN THE EUROPEAN UNION OR ANY OTHER JURISDICTION.
How can it be a security token yet not be registered with any legal body? This sounds more like misleading spin than anything else. Please explain.
Thanks for your interest!
Until we have all legal documentation we stay in protected mode and need to do make sure we do not get in trouble with neither US nor EU authorities. We are currently working on the compliance and will change the disclaimer and our paperwork according to that. The security token game is quite challenging as there are few precedents.
Hopefully, it doesn't sound as misleading anymore, but we are glad to answer any further question you might have!
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Thanks for the feedback, I'll take that into consideration.