Bitcoin, Blockchain, the SEC and Equity Crowdfunding
The SEC has just made equity crowdfunding legal. Here's our take on how this applies to bitcoin and the blockchain. Last October, the US Securities and Exchange Commission released this update, which detailed the adoption of the final rules surrounding equity based crowdfunding offerings. The concept was first addressed as part of the Jumpstart Our Business Startups (JOBS) act way back in 2012, which was signed in by Barack Obama, as a tool that would facilitate the process through which small and medium business enterprises gain access to operating and development capital. Up until now,....
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A Polish company, InPay S. A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is simply raising capital thanks to the online community. Unlike the reward-based crowdfunding, made popular by sites such as Kickstarter, Indiegogo or RocketHub, in equity crowdfunding people who are involved in financing the company receive personal shares. Examples of sites which enable this type of capital acquisition include the American....
Given the current focus on blockchain development, it makes sense to support the development of decentralized applications. Airbitz is much more than just a Bitcoin wallet provider. The company has been working on other things behind the scenes. One of those efforts focuses on a new equity crowdfunding campaign. This particular effort will support the Airbitz Edge Security SDK, which can then be used to build new decentralized applications. It is rather interesting to see Airbitz host their crowdfunding campaign on Wefunder, as very few people have heard of this company. At the same time,....
There are few people as well-equipped to comment on the concept of blockchain-based crowd equity as Boost VC CEO Adam Draper. In addition to his involvement with the long list of blockchain-related investments made at Boost VC, Draper also launched BoostFunder, which he says was the first crowdfunding-for-equity platform. Draper recently shared some of his thoughts on blockchain-based crowd equity on an episode of the Bitcoin.com Podcast. Initially, the venture capitalist stated: “I think we’re at this sort of crossroads with the crowdfunding of the coin-based system. It’s going to work....
Simon Dixon and Max Keiser are joining forces to help launch 10 non-competing bitcoin startups on the crowdfunding and equity crowdfunding platform BankToTheFuture.com. The aim, says Dixon, is to help the companies get "investment ready" by aiding them with their tax, legal issues, business plan, financial model, valuation, video pitch and marketing for their equity crowdfunding campaign, and take them through the initial stages of securing funding. Dixon pioneered the development of equity crowdfunding, consulting the Bank of England, Treasury and Financial Conduct Authority for a change....
PRESS RELEASE. The world’s first blockchain-based global equity crowdfunding network – the Dacxi Chain – has been unveiled. The Dacxi Chain is a unique global ecosystem that creates digital tokenized versions of company shares, which can then be quickly and easily bought and sold all over the world. Connecting investors, entrepreneurs and deal makers from across the globe. A singularly complex technical challenge, the Dacxi Chain has taken the company’s tech team four years to develop. The advanced technical features within Dacxi Chain are built on the unique....