Re: [ANN][TAO] Tao, AltMarket & FanMix - Real Solutions for the Music Industry!
1. The entire buy side orderbook for TAO is less than 0.1 BTC. If I were you I would sell what you can now. Its not going to get any better for you.
2. The language in the Alt Market TOC says this:
Basically Bryce is giving the go-ahead to pre-teenage children to trade on his exchange. It may not be illegal but it's certainly morally questionable.
3. It seems to me that Tao passes the Howey Test as being a security by any sort of reasonable standard:
All Bryce did for 3 years was talk about how awesome Tao was going to be, how it was going to do this and that for artists and the music industry and the sky was the limit. This is a tweet of his from Oct 2018:
Tao's current price: somewhere between $0.03 and $0.08, depending on if you're selling or buying.
Just don't understand how you're comfortable with promoting a project designed by someone with a track record of utter failure. And that's as kindly as I can put it.
2. The language in the Alt Market TOC says this:
Quote
I am 13 years of age or older or have obtained my parents permission
Basically Bryce is giving the go-ahead to pre-teenage children to trade on his exchange. It may not be illegal but it's certainly morally questionable.
3. It seems to me that Tao passes the Howey Test as being a security by any sort of reasonable standard:
Quote
In order for a financial instrument to be dubbed a security and fall under the purview of the SEC, the instrument must meet these four criteria:
- It must be an investment of money
- With an expectation of profit
- In a common enterprise
- With the profit to be generated by a third party.
- It must be an investment of money
- With an expectation of profit
- In a common enterprise
- With the profit to be generated by a third party.
All Bryce did for 3 years was talk about how awesome Tao was going to be, how it was going to do this and that for artists and the music industry and the sky was the limit. This is a tweet of his from Oct 2018:
Tao's current price: somewhere between $0.03 and $0.08, depending on if you're selling or buying.
Just don't understand how you're comfortable with promoting a project designed by someone with a track record of utter failure. And that's as kindly as I can put it.