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by CryptoPunk
1885 days ago
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The problem is regulatory restrictions, that since 2017, have been used to shut off capital flows to token sales. Token sales were one of the most promising avenues toward the goal of widening the base of individuals that could participate as investors in the venture capital market: https://link.springer.com/article/10.1007/s11408-020-00366-0... "The average ICO has almost 4700 contributors. The median contributor invests a relatively small amount. The ICO market appears to have successfully given access to the financing of innovation to a new class of investors, which is a long-standing public policy issue" That being said, it's possible you could use the JOBS Act's provision for crowdsales to widen the base of individuals that could invest through your platform: https://en.wikipedia.org/wiki/Jumpstart_Our_Business_Startup... |
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