Zachary Fallon, a former SEC staffer and author of the Reg A JOBS Act crowdfunding rules and a principal at Blakemore Fallon, discusses Blockstack’s filing for a token offering under Reg A+, what that means for the security status of the tokens and what types of investors the company can raise from. We also talk about several of the particulars of the Blockstack filing, such as the time-lock on the tokens, the ability to raise money in bitcoin and ether, and the cap on the dollar amount of tokens any single investor can purchase. Zach also covers how much they must have worked with the SEC until this point, how long it might take the SEC to offer a response and what the filing means for token offerings going forward.
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Zach Fallon: https://twitter.com/
Blakemore Fallon: https://blakemorefallon.com
App mining for Stacks: https://app.co/mining
Blockstack’s Reg A+ filing: https://www.sec.gov/
Wired story on the filing: https://www.wired.com/