Lets look at some concerning items:
*GAW is incorporated in the US and subject to US regulations (BSA/AML, etc)
*GAW is based in the CT, but isn't licensed as a Money Transmitter with the state.
*This ICO can be viewed as a sale of securities and may be within the jurisdiction of the SEC.
*GAW, in their FAQ, states that they would act as a central bank for this currency. Even stating that as the central bank, in the event that the currency is lost due to death, they would be able to recover it and pass in on to the persons heirs.
*GAW states that market analysis and big banks are involved (We haven't seen US Banks open about Cryptocurrency due to regulation fears)
*FinCEN letter located here (sort of a long read) describes another issue
http://www.fincen.gov/statutes_regs/guidance/pdf/FIN-2013-G001.pdf The above leave me to wonder if this will end with a bunch of men in suites carrying out boxes from a shady looking office somewhere.
No, im not hating or against GAW_CEO.. Just concerned..