ICO Key Roles End-to-End
- The U.S Securities and Exchange Commission (SEC) said it may apply Federal Securities Law to some ICOs on a case-by-case basis.
- When defining your ICO model and token use case, it is of paramount importance that the Legal Officer pay attention to whether or not your token is likely to be classified as a security, or even whether it is just dangerously close to being classified as a security.
- If the SEC decides the ICO token is a security, then the regulatory framework shifts dramatically, and the team is faced with not only different operating regulations, but also the possibility of jail time and fines for breaking the law.
- Predominantly, there are two major ways of selling your tokens: Presale ICO Public ICO
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