Initial Coin Offerings (#ICOs): Why the SAFT is DEAD …

Brian Christie CEO, Brainsy
Posted on 3/27/2018 1:28:46 AM

An excellent article by Anthony Zeoli for those struggling to make sense of the regulatory landscape for #ICOs:  

"Investment in the cryptocurrency industry is currently dominated by the use of Simple Agreements for Future Tokens (SAFTs). While SAFTs were a somewhat novel approach when they were introduced, now that cryptocurrency assets have become almost universally deemed “securities” by the SEC, the use of SAFTs as an investment vehicle is, or otherwise should be, DEAD."