Financing of Ethereum ico
STOSecurity Token Offeri&# 8204; "Security token issue". In terms of name, it is similar to ICO and IFO in concept, and it is a way of token issuance. The most prominent feature of STO is that the token issued has the property of securities, which is regulated by securities institutions (such as SEC) and relevant securities laws and regulations
ICO (abbreviated as initial coin offering) is an IPO concept derived from the stock market. It is the behavior of blockchain project to issue token for the first time and raise bitcoin, Ethereum and other common digital currencies
both ICO and sto are procts of digital capital. In the era of blockchain, they are not black or white. Eggs should not be put in the same basket. So how to invest? It depends on whether you want to be an egg maker or an egg seller
if you are an ordinary investor and register a digital wallet, you can buy and sell on major trading platforms such as currency / currency security; For project investors, they can issue their own currency to achieve more financing goals. At present, Singapore is the holy land for Asian blockchain to settle down, mainly because the local policy and atmosphere are very relaxed, and there is no need to pay tax to register a public non-profit foundation in Singapore to do overseas projects, The Inland Revenue Department of Singapore will not tax local capital injection and investment
registration process of Singapore Foundation: the ID cards of two registered directors and the company name are required for verification, and the registration can be carried out after the verification, which takes a total of 10-25 working days
because of the new technology&# 8204; Due to the particularity of the economic environment in Gabor, in the later period of the foundation, it is legal to carry out such actions as ICO and other currency transactions. Some friends in the blockchain instry know that to do ICO blockchain, they need to register in Singapore. In order to achieve more compliant operation in the later period, it is suggested that investors register in Singapore foundation as soon as possible for financing
innovative digital currencies such as lightcoin, Ruitai coin and dogcoin can only be a supplement and a new attempt of bitcoin.
IPO process of RMB in Hong Kong:
in September 2010, the Hong Kong stock exchange concted the first RMB proct trading simulation test
on February 28, 2011 and March 1, 2011, two joint press conferences of RMB securities trading were held in Cantonese and English respectively
on March 4, 2011, the last press conference of listed RMB securities business was held
on March 7, 2011, the central clearing system was established The deadline for setting up RMB settlement accounts is
March 19-21, 2011. Securities companies must participate in the simulation test of RMB proct trading and settlement from March 19-21, 2011, and confirm with the Hong Kong stock exchange whether they are ready before March 21< On March 19, 2011, the Hong Kong stock exchange concted the second RMB proct trading simulation test
on April 11, 2011, Huixian real estate was officially offered
Huixian real estate trust was listed on the Hong Kong Stock Exchange on April 29, 2011
there are three situations for Hong Kong investors to subscribe for IPOs with RMB margin:
1. Securities companies own RMB positions and lend them to customers for margin investment
2. Securities companies convert the borrowed Hong Kong dollars into RMB and then lend them to indivial customers for margin trading< Third, customers borrow Hong Kong dollars from the bank and then convert the Hong Kong dollars into RMB.
If the stop loss is set well, the general platform will have the corresponding stop loss setting. The BTC stop loss setting is about 3%, and the ETH stop loss setting is 5%. You can set your own acceptable stop loss
examples are as follows (this is a diagram specially cut in the simulation disk):
when setting, you need to check the box corresponding to stop loss and then set your own stop loss and stop loss as needed
public offerings (IPO) refers to an enterprise or company that sells its shares to the public for the first time. Generally, the shares of listed companies are sold through brokers or market makers according to the terms agreed in the prospectus or registration statement issued by the corresponding Securities Regulatory Commission. Generally speaking, once the IPO is completed, the company can apply to the stock exchange or quotation system for listing. Before applying for IPO, a limited liability company should be changed into a joint stock limited company
after a company completes its IPO, everyone can buy its shares directly from its listed trading platform
ICO is relatively new to us. It's a concept that has only become popular in the past two years. ICO (initial coin offering), the concept of initial public offering (IPO) originated from the stock market, is the behavior of blockchain project to issue token for the first time, raise bitcoin, solve Ethereum and other common digital currencies
ICO is the most well-known application of blockchain technology, commonly known as "issuing currency". At present, it has been banned by the state. At 3 p.m. on September 4, the people's Bank of China led by the office of Internet information technology, the Ministry of instry and information technology, the state Administration for Instry and commerce, the China Banking Regulatory Commission, the Ministry of instry and information technology of the people's Republic of China, the Ministry of information technology of the people's Republic of China Seven ministries and commissions including China Securities Regulatory Commission (CSRC) and China Insurance Regulatory Commission (CIRC) issued the "notice on preventing the risks of token issuance financing", which pointed out that token issuance financing is essentially an unauthorized illegal public financing behavior. It requires that all kinds of token issuance financing activities should be stopped immediately from the date of the announcement. At the same time, organizations and indivials who have completed token issuance financing should make arrangements such as refund<
the differences between ICO and IPO
have something in common
they all raise funds by selling shares
there are potential investors taking risks in order to get huge potential returns
differences
most of ICO supporters are project enthusiasts or unprofessional investors
ICO does not need to register business license
ICO platform is a third-party neutral platform, and investors bear their own risks
this information does not constitute any investment proposal. Investors should not use such information to replace their independent judgment or make decisions only based on such information. If they operate on their own, please pay attention to position control and risk control.
On September 2, it was reported that on August 21, the central bank headquarters received the relevant emergency report. The report analyzed in detail and clearly pointed out that from the perspective of penetrating supervision with substance more important than form, ICO belongs to illegal fund-raising in disguise
according to the lover quoted, relevant people of the central bank have studied a large number of ICO white papers and come to the conclusion that "90% of ICO projects are suspected of illegal fund-raising and subjective and intentional fraud, and less than 1% of the ICOS that actually raise funds for project investment."
ICO is the full name of initial coin offering, short for the first public offering of digital token, which imitates the IPO (initial public offering) in the stock market. That is to say, the project sponsor can obtain financing by issuing initial token through blockchain technology, but the initial token cannot be purchased in legal currency (RMB, US dollar, etc.), because it violates the laws and regulations of various countries on financing, and needs to be purchased with digital assets with good liquidity such as bitcoin and Ethereum
Yao Qian, deputy director of the science and Technology Department of the people's Bank of China and director of the digital currency Research Institute, pointed out in an article a few days ago that the current ICO is at the edge of legal supervision. Starting from the system construction, we should give the ICO a legal statement as soon as possible. He suggested that the implementation of sandbox supervision on ICO (in a "safe space", financial technology enterprises can test their innovative financial procts, services, business models and marketing methods, instead of being immediately subject to regulatory rules when related activities encounter problems) On August 16, Huo Xuewen, director of the Beijing Municipal Bureau of finance, also said in an internal closed door talk that Internet finance, blockchain and ICO can only have vitality if they develop in accordance with laws and regulations, and any violation and abuse will be punished"the national financial work conference made it clear that all financial activities should be regulated. All activities of "managing other people's money" should be subject to supervision. Blockchain innovation, Internet finance innovation, ICO innovation, but if you do not control the risk, then all the innovation will go to its opposite. If the traditional financial risk is 1.0 and the Internet financial risk is 2.0, the current blockchain and ICO risk is 3.0. " Huo Xuewen said at the meeting