Republic has teamed up with CoinList, our sister company, to host a pretty special event!
Below is their announcement, hope to see you there…
To date, fundraising has been blockchain’s killer use case. In 2018 alone, initial coin offerings have raised nearly $3 billion in funding, and top tier talent is flooding into the space. Token sales have the potential to unleash significant innovation at the protocol layer, help companies bootstrap network effects, and bring additional transparency and liquidity to financial markets.
However innovative they may be, ICOs do not supersede decades of U.S. securities laws and regulations. Republic created the Token DPA to help companies navigate these waters for non-accredited investors, while our partners at CoinList focus on multi-million dollar raises. Together, we’ve got you covered.
Some of the top law firms in the country are offering to help companies navigate the current regulatory landscape. Our Legal Office Hours are free of charge, and will provide companies considering a token sale access to securities lawyers,
Apply here if you’re considering a token sale and would like to participate in the inaugural Legal Office Hours event. The event takes place on May 16th during Blockchain Week in New York.
This would not be possible without CoinList, and the generosity of participating firms including Cooley, White & Case, Wilson Sonsini, Ross & Shulga PLLC, and Brown Rudnick. We encourage more firms to join us, and help spur innovation in a compliant way.
Most token sales to date have used Rule 506(c) of Regulation D, which covers the general solicitation of securities, but there are also Regulation S, Regulation CF, and other exemptions. CoinList and Republic offer services targeted to many kinds of offerings, from smaller pre-token sale rounds, to $200m+ ICOs.
While we are optimistic that these laws will continue to evolve in the space — especially around ‘utility tokens’ — current regulations are already removing uncertainty, clearing out bad actors, and sparking legitimate entrants into the space.
We believe that for the blockchain ecosystem to succeed, innovation should come from anywhere, and not be limited by a company’s geography, resources, or ability to access experienced legal counsel to find the right exemption. It is important for companies to have good legal representation, that can advise on the unique needs of your project — and we’re here to help.
Learn more about The Current State of ICOs, including an overview of the most common exemptions from SEC registration.
Apply to the inaugural Legal Office Hours by answering a few questions.
