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X
4.6
4
4.4
326
Female
Train
let's say multi jurisdictional reach and impact.
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X
4.6
5
4.4
325
Male
Train
one is how you structure a token generating event.
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O
4.4
4.4
4.4
325
Male
Train
so this is more like, are you allowed to distribute a token in this country.
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A
3.8
3.2
4.2
326
Female
Train
cp standards because.
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H
5
4.4
4.6
325
Male
Train
every token you generate has a different functionality. depending on the functionality.
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H
4.6
4.6
4.2
325
Male
Train
we can ensure that such a token generated at switzerland will be listable.
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X
3.8
4
3.8
325
Male
Train
which you go through to qualify the token generating events.
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N
4
4.6
4.6
326
Female
Train
and we will further enrich this now with our quality standards on the tokens which we want to generate.
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X
4.2
4
4.2
326
Female
Train
you have to also qualify the token issuance based on a tax level.
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X
4.2
4
4.2
326
Female
Train
interesting new things around these token generating events, which are not only limited to jurisdictional questions.
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N
4
4.8
4
326
Female
Train
so we will see a lot of developments in this space in the future.
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S
4.4
3.4
4.6
326
Female
Train
change the term from ico to token generating event.
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S
4.2
3.8
4.2
325
Male
Train
because ico is misleading. with the token generating events.
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X
3.8
5
4.6
325
Male
Train
we have a new type of community based funding which i think will have a huge impact in the future and will be a solid model as well in the-
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X
4.2
3.8
4
326
Female
Train
regulated in a way that it will be a sustainable development.
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X
3.6
3.8
4
326
Female
Train
which are a lot around in the market because for the overall community.
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C
3
3.6
4
326
Female
Train
a easy and efficient funding system would further enhance the overall development of such a blockchain community.
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N
3.8
3.8
4.6
326
Female
Train
it's interesting you use the term token generation event.well
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N
4
4.6
4.2
326
Female
Train
token launch. the two terms seem to be
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C
4.2
3.4
4.2
325
Male
Train
open financing system in their already existing legal structure. i give you example.
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U
4.6
3.4
4.8
326
Female
Train
to tokenize their shares. so it's a mixture between.
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N
4.8
3.8
4.4
326
Female
Train
we treat them as a security, and we use the efficiency of the blockchain system to create and design.
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H
4.2
5
4.4
326
Female
Train
this is pretty cool because you guys obviously were there right at the start, and now you're taking this model and applying it to existing problems beyond just what had-
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H
4
5
4
326
Female
Train
... been for a while this wild west of token funding events.
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H
4.4
5
4.4
325
Male
Train
that's pretty cool. let's look a bit at why switzerland has become such an important hub for this kind of activity.
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X
2.8
4.4
4
325
Male
Train
you see, first is the genuine decentralized nature of our government.
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S
4
3.8
3.8
326
Female
Train
we are fully, genetically decentralized.
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N
3.4
4.6
4.8
325
Male
Train
secondly, we have a high legal security, in an environment which you operate-
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X
4.4
4
4.4
325
Male
Train
... new pilot, you would need as stable as possible legal jurisdiction, which switzerland can offer.
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N
3.8
4.2
4
326
Female
Train
here again, switzerland has advantages. and then finally, from a tax perspective-
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N
3.6
4
4.2
326
Female
Train
... we have a room of maneuver in actually fixing our tax rates.
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N
3.4
4.2
4.4
326
Female
Train
we have 8% compared to 19 in the european area.
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H
4.2
5
4.8
326
Female
Train
it's a good breeding ground for these kind of activities.
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N
4
4.8
4.8
326
Female
Train
seeing a new wave of innovation coming in the internet space.
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X
5
4.6
4.2
326
Female
Train
... merge with ethereum. ethereum was the first attractive player in the crypto valley.
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N
4.2
4
4.6
325
Male
Train
and attracted a lot of similar companies trying to develop their product or their ideas on the ethereum platform.
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X
3.6
4.2
4.4
325
Male
Train
we see the disadvantage of its high cost to develop the business in switzerland, and-
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X
4
4.2
3.6
326
Female
Train
... they prefer to support this activity with educational events, with social events.
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N
4
3.8
3.8
326
Female
Train
maybe we can get back together and have another discussion.
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X
3.8
3.6
3.6
326
Female
Train
we will happy, because we will proceed now in developing our concepts in auditing and do quality checks for token generating event project-
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N
4.4
4.2
3.8
326
Female
Train
... crypto property, which could be an interesting topic to talk about because this is then real law and real jurisdictional discussion.
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H
4.2
4.4
4.4
325
Male
Train
because for that we need to qualify the blockchain crypto property asset class, and the process will be probably finished-
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H
4.4
4.4
3.8
325
Male
Train
... i hope this week or next week, and we will hopefully, hopefully get the final paper ready by august.
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H
4.8
5
4.8
326
Female
Train
i was wondering if there's anyone on you guys' team or anyone you guys can think of who writes a lot or might be interested in contributing or-
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H
4
5.2
5
326
Female
Train
... know it would be a good way to influence the rest of the legal community if you guys were regularly producing and syndicating content.
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U
4.2
4.4
4.4
790
Male
Train
we are now, our team will be 16 lawyers and tax experts and compliance expert doing nothing else than working on blockchain projects.
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O
5.2
4
4.8
353
Male
Train
.. to support [inaudible 00:06:40] because we are interested to share as much as we can because we have an interest in the community.
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X
3.8
4.2
5
353
Male
Train
place where you guys find good analysis on the subjects, and just blockchain legal issues in general?
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... issue is there are a lot of articles around, a lot of articles. but for us, they just touch what we already know.
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... kind of blockchain crypto property assets. so...
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we are much more already advanced in a detailed legal discussion. and what you find in the space and if you google around legal analysis of the blockchain is-
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well that's mildly disheartening, but it also just-
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so thanks for joining me guys, and i look forward to diving into this thing.
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so we were in the process of preparing the token sale for falcoin.
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and we realized we needed to have a platform to do a token sale that needed to be able to do accreditation for investors.
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simultaneously across all of these ways of paying, so-
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we realized that we might as well put in more work into creating a platform that other people could use because-
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it's a massive undertaking to build this whole thing.
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... useful for the entire network and a platform for projects to just make it something that other projects could use.
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Train
... writing this complicated platform and so on.
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... meaning there's a ton of things that are suboptimal.
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4.4
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like far from suboptimal, and sometimes downright extremely complicated and shouldn't be.
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and we think that there's a ton of value to be created there.
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... a very well explained and easy to engage with interface and to be able to make these decisions on all the legal complexities and-
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so we came up with coinlist now. and so what it is it's this great place-
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... very focused on token developers, for them to be able to come and give a really great-
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... and the engagement there and being able to rally a community around what you're doing.
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but then also tune towards a more angellist type investment crowd. so you have bigger types of funds coming in and making bigger investment plays.
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we're really excited to build a platform that lets token creators really focus on what they should be focusing on, which-
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.. you shouldn't need to build out an entire platform and consider all of this compliance issues and their regulation incredibly deeply. we-
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and we're fortunate that we had to build this no matter what.
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... just make a great platform that everybody can use in the future.
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and you can also get a bunch of visibility directly into how the sale is going as-
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you can see how money that has been committed up so far and so on.
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again, every product has to build for themselves, and many times, it's kind of broken. we see some cases of-
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Train
this is really complicated, especially for people that are not coming from the crypto background.
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Train
major events, where a single token sale slows down the entire ether network dramatically, and brings it down to a halt.
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Train
you don't want the token sales to grind the ether network down to a halt just because it's occurring, right?
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Train
the potential investment. and so we think that there's an opening right now for, potentially, being able to source some of that important review material and so on.
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significant role in creating an environment where some of that signal can shine.
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Train
of course, ultimately, with any investment platform like angellist, and so on.
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we're really excited to work closely with the team at coinlist, getting.
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there's a veiled problem, here, that we're not really covering and.
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Train
yeah, so great point to bring up and there's a couple things to dive in there, but.
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3
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the first off is just a general bar of quality.
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call out, obviously, blatant things who likely won't even make it on the platform.
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but then there are some other things with these technologies that there needs to be invention.
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there needs to be experimentation in the future. and we really hope that, through basic auditing, you can sus out things that just don't. right now, some of the.
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and so, you can eliminate just this broad swath of outright scams, and then really let the investor focus on the uncertainty.
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from a place which is much, much easier to understand and so.
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it will help make things a lot more clear and protect people who are not nearly as educated.
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something that would not be seen, at all, in the venture capital landscapes.
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a number of projects that are straight up, outright just trying to divert funds from one group and give it to another.
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also, diligence into the people. who are the people building this?
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do they have some history of scam behavior? that kind of review, alone, can highlight several potential problems. and then, from there.
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investment purely because part of the problem is this onerous culture of regulation in the us that is preventing projects from raising money in the states, but at the same time.
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but are projects being prevented from raising money from us investors? i.
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Train
i think one important thing to mention, there, is we're going through a period of time where everyone is in really great highs.
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because the entire ecosystem is booming, and that's [inaudible 00:07:07] ways.
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in some cases, i highly encourage everyone who is thinking about investing in projects or just be occurring a project or is active in the space in general.
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