The majaority of ICOs in 2017-to-date are heading for disaster. Many projects received funds without having the necessary legal and/or technical setup. A number of individuals involved with these token offerings will be subject to actions by regulators and enforcements agencies in the US and abroad. PLEASE TAKE NOTE!

1. “Stay out off trouble”
ICO Guide

2. Tokens aren’t Coins

3. Money, Money, Money
“Virtual currencies fall short of
the legal concept of currency or money.”

4. Money, Money, Money
Bitcoin is a commodity
(swaps)

5. Money, Money, Money
Virtual Currency = Currency ($$$)

6. Money, Money, Money
Virtual Currency = Money*

7. Transmitting Money
Transmitting = administration (hold) & exchange
EXCEMPT: PEER-to-PEER

8. Taking Money
Donation
Loan
Sale/Pre-Sale
Equity

9. Failure to Launch

10. Money, Money, Money = Taxes
Bitcoin taxed as property

11. Privacy
Data protection (especially in European context)
.. no personal data on the blockchain

12. ICO Stats 2017 - TTD: $2,214,989,369
https://www.coinschedule.com/stats.php