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Tokenomics

You're reading from   Tokenomics The Crypto Shift of Blockchains, ICOs, and Tokens

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Product type Paperback
Published in Oct 2018
Publisher
ISBN-13 9781789136326
Length 486 pages
Edition 1st Edition
Languages
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Authors (2):
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Sean Au Sean Au
Author Profile Icon Sean Au
Sean Au
Thomas Power(GBP) Thomas Power(GBP)
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Thomas Power(GBP)
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Toc

Table of Contents (16) Chapters Close

Preface 1. Once Upon a Token FREE CHAPTER 2. A Bit of Coin Theory 3. The Potential of ICOs 4. Token Varieties 5. The Need for a Token 6. Playing by the Rules 7. The Token Sales Mechanics 8. White Paper, Website, and Team 9. Social Media and Influencers 10. Marketing and the launch 11. Voices of the ICO World 12. The Future Summary
Other Books You May Enjoy Index

The evolution of white paper legality clauses

Legal clauses within white papers have certainly evolved over time, to the extent that some white papers should in fact be called an investment statement or investment prospectus. Obviously, the reason why they are not called this is because nearly all tokens claim to not be a security but a utility token.

The Omni white paper, the very first ICO to take place back in 2013, had an amusing disclaimer in Appendix C:

"Investing in experimental currencies is really, absurdly risky. This paper is not investment advice, and anyone predicting what will happen with experimental currencies such as those described here is indulging in the wildest sort of speculation, and that includes the speculations in the previous appendix.

Please consult your financial adviser before investing in ANY wild scheme such as this.

Tip

Hint: They will probably tell you to RUN and not look back unless you assure them that it is money you are totally prepared to lose.

Anyone...

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