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Is my Token a Security?

Part of the Hopefully Helpful series.

In my previous article, I wrote about ICOs and how past events in the cryptospace have built up to result in a breakdown in the ICO ecosystem. In this article, I continue to follow updates on ICOs this year and show why regulatory bodies classify products as security tokens.

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PumaPay

[SPONSORED POST]

Today, we will be looking at one of the hottest ICO’s of 2018, which has raised about USD$ 117 million through private funding alone.

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ICO VS IPO

Companies always need to raise funds for various things, such as acquisitions, increasing the amount of working capital, or for global expansion. This is usually done via an Initial Public Offering (IPO), where the company can open up its shares for the public to purchase. However, cryptocurrency projects have begun raising money via another method known as an Initial Coin Offering (ICO).

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