Last October, a US Securities and Exchange Commission expelled this update, that minute a adoption of a final manners surrounding equity formed crowdfunding offerings. The judgment was initial addressed as partial of a Jumpstart Our Business Startups (JOBS) act approach behind in 2012, that was sealed in by Barack Obama, as a apparatus that would promote a routine by that tiny and middle business enterprises benefit entrance to handling and growth capital.
Up until now, it has been bootleg for existent companies or startup projects to offer equity in lapse for collateral by crowdfunding – essentially since capital-equity exchange contingency belong to financial management (in this box a SEC) regulatory framework. Crowdfunding is not a new concept, though a final decade has seen a space expand, and with a expansion, a need for applicable regulations that concede equity transactions.
So now a here, because are we articulate about it? Well, one of a many apparent applications for bitcoin (and a blockchain, though we’ll speak about that shortly) is crowdfunding. A series of companies have attempted to set adult normal crowdfunding indication (i.e. perks and rewards in place of equity) bitcoin platforms, though with small success. Most of a names in