Blockchain digital currency ico
blockchain is a general technology derived from bitcoin. It implements a decentralized database model. Bitcoin can be called blockchain 1.0 because it has no concept of smart contract. The key technologies of blockchain include cryptography encryption and decryption and consensus mechanism. Blockchain is generally used to combine with specific business logic, which needs to rely on smart contract, which provides an execution mode free from human interference
the IPO of ICO originates from the concept of initial public offering (IPO) in the stock market. It is the behavior of blockchain project to issue token for the first time, raise bitcoin and solve Ethereum and other common digital currencies.
the underlying technology of blockchain bitcoin is actually that it supports the stability of bitcoin in the past eight years. You can understand it as a subversive accounting method or database, and the core is decentralization
ICO, which is essentially blockchain crowdfunding. If an enterprise does ICO, you can understand it as IPO, But the financing is not money, but virtual currency, such as 3000 bitcoins. Of course, you can choose to sell it in any country in exchange for the legal tender of a country
STOSecurity Token Offeri 8204; "Security token issue". In terms of name, it is similar to ICO and IFO in concept, and it is a way of token issuance. The most prominent feature of STO is that the token issued has the property of securities, which is regulated by securities institutions (such as SEC) and relevant securities laws and regulations
ICO (abbreviated as initial coin offering) is an IPO concept derived from the stock market. It is the behavior of blockchain project to issue token for the first time and raise bitcoin, Ethereum and other common digital currencies
both ICO and sto are procts of digital capital. In the era of blockchain, they are not black or white. Eggs should not be put in the same basket. So how to invest? It depends on whether you want to be an egg maker or an egg seller
if you are an ordinary investor and register a digital wallet, you can buy and sell on major trading platforms such as currency / currency security; For project investors, they can issue their own currency to achieve more financing goals. At present, Singapore is the holy land for Asian blockchain to settle down, mainly because the local policy and atmosphere are very relaxed, and there is no need to pay tax to register a public non-profit foundation in Singapore to do overseas projects, The Inland Revenue Department of Singapore will not tax local capital injection and investment
registration process of Singapore Foundation: the ID cards of two registered directors and the company name are required for verification, and the registration can be carried out after the verification, which takes a total of 10-25 working days
because of the new technology 8204; Due to the particularity of the economic environment in Gabor, in the later period of the foundation, it is legal to carry out such actions as ICO and other currency transactions. Some friends in the blockchain instry know that to do ICO blockchain, they need to register in Singapore. In order to achieve more compliant operation in the later period, it is suggested that investors register in Singapore foundation as soon as possible for financing
the content of this article comes from: financial code of the people's Republic of China: application edition, China Law Press
1. Token non securitization Certificate (which will be used when you go to the stock exchange to prove that your project does not have the nature of securities)
2. White paper compliance (lawyers modify the white paper according to Singapore laws and regulations and issue relevant legal opinions)
3. Private sale terms
4. Public sale terms