Quote from: Darkoth89 on March 23, 2019, 07:24:33 PM

Quote from: sockpuppet1911 on March 23, 2019, 01:15:46 PM

Quote from: Darkoth89 on March 22, 2019, 09:08:08 PM

I guess bounties are not really possible for security token offerings, right? First of all, every bounty participant would probably need to do KYC but then it's like you are giving away 'company shares' for free. Understandable that this is not possible when having to comply to all sorts of regulations, Even though I'd really love to have a bounty program.

Depends of the security tokens, but i think they rather would pay those via eth or something to avoid the dump, as tokens would be real shares.

Sure, a payment in ETH or BTC would be also a different soiution. Depending how their sales are going, who knows, maybe they are considering the legal possibility of hosting a bounty program. Would definitely be very interesting.

Folks, after speaking to the team I got more information about bounty stuff. To answer a few of the above suggestions. The real reason for STO not to have a bounty program (and by word bounty we mean pay for finding investors) it is because selling company stock is a regulated activity. You would need to be a broker/dealer of securities to take a commission or payment for that work. What the company can do is to pay for the marketing of STO or for work that advisors do. In this case, the work should be clear for a function they perform and based on that performance. For example, we get 100 messages on our telegram from people offering to market our STO or do community management. They want the percentage of our shares and FIAT. But they are not dealers/brokers. So what we can only do with them is to offer them a performance-based contract. i.e. you do X and we pay Y. But not tied to company stock.

Sorry for the long answer but I wanted to make sure we respond. I know that for this forum STO is new. It is totally different from ICO's and that is why we believe it is also more rewarding and safer for investors.

Good topics and keep them coming.