Financing Open Blockchain Ecosystems

Report Overview

Author: Fennie Wang, Primavera De Filippi, Alexis Collomb, Klara Sok
Release Date: March 16, 2018

Abstract:

This project digs into the regulatory implications of privately funding public blockchain-based resources, some of which qualify as an ecosystem such as Bitcoin and Ethereum, some as a decentralized application (Dapp), and some as a regulated security (e.g., The DAO), according the Securities and Exchange Commission. The Coalition of Automated Legal Applications describes various legal solutions, such as simple agreement for future tokens, that could support ecosystems that are innovative, streamlined, and fair for all stakeholders.

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