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Saturday morning - time for kids cartoons and ... a (ramen-free) Twitter thread on tokens and securities law! Today’s starting point: this excellent article (decryptmedia.com/6142/will-cons…) by Guillermo Jimenez in Decrypt.
2/ Jimenez looks at the concept of “consumer token offerings” through the lens of the recent sales by FOAM and Civil, companies backed by @ConsenSys. Both sales were open to the general public and not limited only to “accredited investors”.
3/ Why are these sales and how they were conducted so important? This goes to the heart of what in my view is the most exciting aspect of #valuetechnology: the ability to use the tools that comprise “#blockchain technology” to create new business models.
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