Based on our legal research, we do not believe QUAD tokens are securities, and so we do not expect any issues with the SEC.  Because cryptocurrency is so new, many legal questions remain unsettled.  Future regulation is always a risk, but we believe the Token Series is conservatively structured to be compliant with any likely SEC or FTC action.  If the landscape changes, we are ready and able to adapt our structure to maintain compliance.

Excellent question.  We are carefully structuring ownership to avoid regulatory issues.  Ownership of a team is strictly within the confines of the MultiGP Token Series Platform.  Similar to ownership of an NFL or MLB team, we are not giving away ownership of MultiGP itself.  Instead, we are delegating key decision-making in specific areas to the "owners" within the platform (see the whitepaper for specifics). 

That being said, cryptocurrency and blockchain technology is a new frontier.  The technology is definitely outpacing the legal system.  Even though we have given a lot of thought to the structure of ownership within the Platform, it is very possible that we may need to rethink some of the elements in the future if the regulatory landscape changes.  Hopefully this won't mean stripping some of the features of ownership, but we can't deny that as a possibility.  If that happens, we are confident we can still shape the features of the Platform to offer a fan experience that is unparalleled in any other sport.

Hey, thanks for the feedback!  We'll be adding to the announcement over the coming days.  In the meantime, check out our whitepaper, we would welcome your thoughts.