a16z Crypto releases 5 rules for token issuance, including not selling tokens publicly in the U.S. for fundraising purposes
2024-04-25 22:09:55BlockBeatsShare to:
According to BlockBeats, on April 25, a16z Crypto published an article today stating that the tension between blockchain builders and the U.S. Securities and Exchange Commission (SEC) seems to be over-excited. The SEC believes that almost all tokens should be registered under U.S. securities laws. Blockchain builders think this is ridiculous. Despite differences of opinion, the basic goal of the SEC and blockchain builders is the same, that is, to create a fair competitive environment. Web3 builders have the responsibility to prove that the blockchain industry's approach is effective and worthy of consideration. Web3 projects must strive to work within the scope of existing guidance, from the digital asset framework released by the SEC in April 2019 to the latest ruling on the enforcement action against Coinbase. Projects can start with the following five token issuance rules: 1. Do not sell tokens publicly in the United States for the purpose of fundraising; 2. Let decentralization be the direction; 3. Communication is everything, and self-management is carried out accordingly; 4. Be cautious when listing on the secondary market and pay attention to liquidity; 5. Always ensure that the token lock-up period is at least one year from the date of token issuance.Introduction To Crypto
a digital currency in which transactions are verified and records maintained by a decentralized system using cryptography.All
| | Price | Price Change (24h) | Trading Volume (24h) | Market Cap |
|---|
| BTC | $63,113.02 USD | +0.62% | $20,707,764,037.45 USD | $1,242,954,466,471.91 USD |
| ETH | $3,081 USD | -0.85% | $8,309,646,829.12 USD | $370,014,862,217.11 USD |
| GARI | $0.01838 USD | +22.94% | $2,886,128.72 USD | $5,235,565 USD |
| SOLX | $0.1891 USD | +11.53% | $1,561,002.48 USD | $0 USD |
| MLN | $15.78 USD | +10.97% | $581,483.51 USD | $21,896,691 USD |
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