All You Need to Know About Crowdsales

Understand the increasing tension between business model innovation and securities regulation

Explore five key themes:

  • How terminology around blockchains, crowdsales, initial coin offerings (ICOs) and tokens is leading to dangerous levels of market misunderstanding
  • Crowdsales have raised around $240 million to date. TheDAO was the largest crowdfunding campaign in history raising at the peak $180 million.
  • Regulatory challenges around network token presales & securities law
  • Business model implications of network token presales
  • Broader potential of tokens to enable blockchain-chartered companies

"In time tokens may come to represent a fundamental shift in the structure of companies, but already network tokens are having an impressive impact by providing a new business model for open-source and protocol development."