How to issue currency for blockchain projects in China
virtual currency is simply a kind of digital currency using cryptographic algorithm, and virtual currency is invisible
the media of the central bank also said that private digital currency transactions will not be opened after the situation is stable
at present, the issue of currency has been banned in China, but the overseas policy is loose. However, companies that do blockchain technology will require the issuer to rely on the main company before they can cooperate. Therefore, most of the blockchain instry have registered a main foundation
foundations can be registered in the United Kingdom, the United States, caiman, Singapore and even Malta. What are the differences between these regions? Britain and the United States are now mainly engaged in non-profit foundations, similar to domestic social organizations. It is no problem to raise money to avoid tax, but it is impossible to issue money to do legal compliance; The Kaiman foundation, also known as the limited partnership (ELP), is composed of a general partner (GP) and one or more limited partners (LP). The cost of such a combination is bound to increase. At present, some large groups such as Alibaba, Jingdong and network have chosen it for listing; As for Malta, the policy is extremely unstable, and even the collection of money is subject to Chinese sanctions, so most people are "deterred"
so now Singapore is still the center of blockchain settlement, which is mainly e to Singapore's loose economic environment and good policies. The first place to register a foundation in Singapore is close to China. If you have any news, you can control it in time; Second, Singapore's non-profit foundations are tax-free; Third, the choice of the public. Many well-known token issuers choose to register with the Singapore foundation first; Fourth, the issuance of tokens requires legal compliance. Singapore has a very perfect service system
information required for registration of Singapore Foundation:
ID cards (scanned copies) of one or two registrants, who have no criminal record in Singapore and have reached the age of 18
2. Company Name: end with Ltd. and add Fund / foundation
3. Registered capital: S $1, stipulated by the government
4. Company nature: public guarantee (non-profit)
5. Registration time: 10-25 working days.
of course, the coin here is what we often call token, which originally means token (temporary) in computer identity authentication. With the popularity of blockchain and digital currency, people have a variety of translations for token, including token, integral, certificate, logo, indicator, etc
the understanding of token in the market can be divided into two categories
in the first category, 99% of the people think token means token, because 99.9% of the projects do the same thing. Set up a foundation, build a website, write a white paper, and then go to ICO. Because most of the projects are still in the conceptual stage, token itself has no other meaning except trading, so people call it token, which performs the function of currency to some extent
in the second category, professionals and institutions are more willing to translate token into proof of equity, or token. For example, a person's identity certificate, academic certificate, equity, bonds, points, bills, etc., are authentic and tamperable because of the proof of rights and interests. Every proof of interest becomes more secure and reliable through the protection of cryptography
therefore, blockchain is not only a technology, but also a new mode of proction and organization, even a new thinking
so, the question now is, does the blockchain project have to issue currency
answer: you may not issue currency. Not all blockchain projects need to be issued with currency, and it is not necessarily blockchain projects that issue currency
for example, the alliance chain does not need to issue coins. For example, Tencent's q-coin, in principle, is also a kind of currency, but it is not a blockchain project
therefore, the two are not related, but if they are public chains, they need to issue coins. Why
let's take bitcoin as an example. Bitcoin system as a public chain must rely on the existence of bitcoin. Public chain obtains the stability and non tamperability of its system through the nodes distributed all over the world, and these properties are the basis for the existence of public chain
imagine that if the bitcoin system is unstable or can be easily tampered with, bitcoin will be worthless. These nodes are not set up by one or several companies, otherwise they are equivalent to private chain or alliance chain. These nodes must be built dynamically by many participants. And the existence of these nodes must need some kind of incentive, otherwise why do the builders of these nodes want to participate in your system. And this kind of incentive must be integrated with the blockchain system, and it must be money
then why is it currency, not legal currency, such as RMB, as an incentive
if RMB is used as incentive, because RMB should be stored in the RMB account, and the account itself is centralized, so it's easy to be controlled. Just think about why domestic bitcoin exchanges are so afraid of the central bank, and they are afraid of being weaned. In addition, RMB can't react with smart contracts within the blockchain
the electronic currency issued by the central bank can not be used as the original currency and incentive of a blockchain system. Why
if the central bank or a rich person wants to destroy a project, they just need to take out enough e-money to do enough nodes and attack 51%. Therefore, it is impossible to use the e-money issued by the central bank as the original currency and incentive blockchain system. However, blockchain projects with independent native currency and incentives have no such worries
If a person or organization wants to get enough nodes to carry out 51% attacks, it must first get more than 50% enough coins, and the amount of coins in the market is certain, so before it gets enough coins, the soaring price will make it hard for him to bear
therefore, a public chain project must have money. A public chain project without money is like a castrated person
in addition, only through the token and reasonable stimulation of output, can the proction relationship be changed and the value of blockchain be brought into play. Therefore, the project must have token, which can promote the development of the project faster. Token solves the problem of incentive and consensus, and incentive solves the problem of autonomy. The positive autonomous economic ecosystem and the underlying technology of blockchain are a perfect combination.
if you could predict, you would have become a millionaire
I don't believe in prediction for a long time. The last time I read other people's prediction on the website, I bought it and didn't even match a number
if the landlord really wants to buy it, he should have the right to offer his love
if you buy the same number every day, you will get it one day
PS: the numbers of these things usually don't repeat for several consecutive days. Therefore, it's better not to have your number today too similar to the winning number yesterday
please accept if you are satisfied, thank you
the main applications of blockchain are
banks,
these places can be used,
they have little to do with the public,
moreover,
they are not mature,
I don't know if they can grow up,
these are concepts,
are there any edge computing,
can you understand them,
anyway, I don't understand them
At present, China's popular blockchain business is suitable to operate on the foundation nature of non-profit organization platform. At the same time, the Singapore government not only gives policy support, but also stipulates that the blockchain foundation can be registered and managed by acra to obtain legal issuance projects, which is one of the reasons why the Singapore foundation should be registered. And the developers of blockchain projects all know that the Singapore government supports the development of blockchain, the policy environment is good, the market is mature, mainly e to high cost performance, the follow-up legal services are perfect, and the price is reasonable
local lawyers in Singapore can issue relevant legal opinions to prove the compliance and legality of the project according to the needs of the project party. Advantages analysis of Singapore Foundation:
1. The most popular settlement area
2. The government has a clear regulatory attitude towards ICO
3. Close to China, open and friendly policy
4. Shaping corporate public welfare image
5. Reasonable price
registration of Singapore Foundation: provide the company name that needs to be registered, and the identity certificates of two members, One of them must be a Singaporean member, which can be provided by the agency, and then choose two business areas
1. Company Name: provide the company name (our company's name is free of charge) and get the name freely
1) must be an English name, and Chinese name registration is not accepted
2) can only be registered in English, ending with Ltd. or limited
3) registered capital: 1 Singapore dollar
4) business scope: our company provides project list for selection (no more than 2 items), and special instries need special approval from the government. Business scope
there are two kinds of charitable organizations
1) are associations, such as fellow townspeople's associations, student associations, etc., which mainly operate by collecting membership fees
2) are charitable funds, which mainly subsidize specific groups through social donations and financing,
information of shareholders and directors:
1) fill in according to the actual situation
2) share proportion
registration time: 15-20 working days
registration process of Singapore company:
signing agreement - providing establishment information - making signature document - signing completed - submitting to Singapore company for processing - completing registration - sending out