Welcome to The Blockchain Report, sponsored by Sun Fund. Check out our white paper: www.SunFund.io.

Today’s Episode: 

What are the overall trends that are unfolding in ICO’s? What are the traits of Regulation A and D offerings?

Is there really a 12 month freeze kicking in on crypto trading? A recent article published by CoinDesk’s Brady Dale said this could be the case.

Here is the article:

https://www.coindesk.com/icos-iced-12-month-freeze-us-token-trading-just-beginning/

Sun Fund’s Scott Licamele says that may be true for some offers but not all, and that there other options which may be available to all investors earlier.

The CoinDesk article says there is uncertainty in the market about the difference between a security token or utility token and “no one can be sure until regulators address cryptocurrency more specifically.”  It then says there could be a migration to Reg D. offerings by ICO’s which would be open only to accredited investors.  These, together, may slow the market compared to recent times.

Licamele says that a Reg. A+ Title II option may pick up in number of offerings, which would allow issuers to do a maximum $50M offering that is open to both retail and accredited investors.

Here’s the link to Reg. A from the SEC.

https://www.sec.gov/smallbusiness/exemptofferings/rega

Here’s a link to the SEC’s more expansive definition of an accredited investor (we barely scratched the surface in the show)

https://www.sec.gov/smallbusiness/exemptofferings/faq?auHash=rh5WfJi9h3wRzP6X2anOmgYLdhPHNuo-3Vw0YNZyR_M#faq2

Sun Fund’s white paper: www.SunFund.io.