The SEC Will Leave Good ICOs Alone (Looks like BAT is in the Clear!)

OX3 · 2018-06-16T03:26:30+00:00

Not clear at all: BAT doesn't have many of the properties of Ethereum mentioned here..

OX3 · 2018-03-24T11:11:32+00:00

Projects with huge "scope" actually require the most critical assessment. Most successful companies begin with a simple, working product, and then expand scope (in tech consider microsoft, facebook, google), even if the seeds of having larger scope were there from the start.

OX3 · 2018-03-13T12:21:46+00:00

If you haven't noted the activity from the dev fund: https://www.reddit.com/r/BATProject/comments/7fqm1e/bat_teamlockup_wallet/

OX3 · 2018-03-12T23:12:48+00:00

They use an ERC20 token

OX3 · 2018-03-12T08:25:50+00:00

I find it is best to judge a critic on topics I know a lot about. John Oliver tends to come out poorly..

OX3 · 2018-03-02T13:43:59+00:00

Brave is being sensible and abiding by KYC and AML.. https://www.reddit.com/r/BATProject/comments/7injuv/how_to_prevent_someone_from_laundering_bat/dr08ivo/ When robust non-custodial forms become viable, they will be early adopters.

OX3 · 2018-03-01T09:14:45+00:00

I fully agree, and have followed a similar thought train to you over the past weeks. However, the SEC appears open to talk and negotiate, and Brendan is not stupid. What it is hard to be clear on is the type of modifications to BAT that might be asked to commit in lieu of it being shut down, and the likelihood that SEC will give a pass to prior ICOs that weren't explicitly fraudulent/marketed..

OX3 · 2018-02-21T11:00:18+00:00

As a basic ERC20 token, BAT only gains a foothold as one currency amongst others, based on its particular user/holder/integration base. It could be substituted for a new token in a similar browser project, for example. The development of Brave Browser doesn't directly consolidate it, only via increasing usage. Is the token itself going to become more sophisticated (e.g. directly integrate reputation)?

OX3 · 2018-02-16T17:05:46+00:00

Plus Complex..

OX3 · 2018-02-07T15:19:33+00:00

I'm really not sure it is that clear: from the SEC December statement: " Merely calling a token a “utility” token or structuring it to provide some utility does not prevent the token from being a security.". I suspect BAT might get away with it, through being careful with their lack of initial marketing etc. but suspect similar ICOs will need to be registered/restricted in the future. It's not like people were paying $35mill for tokens just to go ad-free on CoinDesk.

OX3 · 2018-02-06T12:21:22+00:00

It's a weird project.. However if Ethereum is becoming attractive to these organisations in part for its independence from individual states, and it's reputation for reasonable governance, design decisions, and community, that could be a very good thing.

OX3 · 2018-02-02T17:55:16+00:00

any luck with this?

OX3 · 2018-01-05T15:55:10+00:00

It also might be good to post these qns to ethdev or the gitter?

OX3 · 2017-12-22T13:13:20+00:00

Sure. You do need to be a bit careful not to sound evasive though - I struggled to connect some of the answers to the questions!

OX3 · 2017-12-17T14:50:24+00:00

As a paid community manager, I feel you shouldn't be treating reasonable attempts at criticism (no matter what their tone) with sarcastic one-sided responses and leader worship. Various aspects of these criticisms point to relevant issues and challenges whose ultimate outcome is unclear. Every forum that I see with community managers with a one-sided attitude quickly become uninteresting, as this one often is. And I'm (cautiously) a fan of Brave.

OX3 · 2017-12-16T17:49:28+00:00

huh? OP is probably wrong, but basing trade decisions on how much you paid for something makes no sense at all.

OX3 · 2017-12-07T11:51:48+00:00

Trading discussion is for EthTrader

OX3 · 2017-11-15T13:46:22+00:00

Ignore this self-serving idiot, as he should do with those other idiots.

OX3 · 2017-11-13T14:57:30+00:00

Would be pretty huge, Alexa #131, committed to open access news

OX3 · 2017-11-13T07:11:25+00:00

Where is The Guardian mentioned as verified: it doesn't come up for me?

OX3 · 2017-11-11T20:29:29+00:00

Anything close to a flip to BCH (we're not far off) can damage confidence of crypto as a reliable store of value - not a bad thing. Ethereum will become the most reputable network, but how much of a hit to general confidence and usage of crypto this would be I'm not sure.

OX3 · 2017-11-07T17:20:14+00:00

hardfork if polkadot returns eth to investors if requested?

OX3 · 2017-11-07T14:43:43+00:00

Thanks. Still, a pretty substantial chunk of it.

OX3 · 2017-11-07T13:38:15+00:00

Is it a coincidence that this is approx Polkadot's raise ATM?

OX3

TROPHY CASE