A call for legal, ethical and sustainable token offerings
Nejc Novak, LL.M. (UCL)
332

A very well thought out article Nejc. There needs to be some consistency in regulating the conduct of startups offering tokens. A clear distinction needs to exist between those offering semi-securities with profit distribution by the back door and platforms like Gnosis with usable Tokens.

The crypto industry itself should take the lead in looking at self regulation as a starting point.

There is a need beyond legal regulatory concerns for a code of ethics for Token offerings. a good starting point would be mandatory Escrow and a requirement to use an ERC20 token.

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