SEC Qualifies First Regulation A+ ICO
Blockstack previously announced they expected to be the first Regulation A qualified ICO. I blogged that this was a likely a correct prediction. It turns out it was true as the SEC has qualified the ICO. See the Company’s blog post here.
Again, I am not touting or endorsing the offering.
It’s also worth noting that although the SEC qualified the offering, it does not mean the offering will be successful. As in investors have to buy it.
In my blog, I noted some of the responses to SEC comments, which some may find helpful. I caution the energetic entrepreneur that a cut and paste of the Blockstack offering with a name change probably won’t fly. Blockstack, according to press reports, spent $2 million on this effort, and the next one may be somewhat cheaper, but maybe not significantly.
Contact Steve Quinlivan for more information.