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Crypto world 101

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Crypto world 101

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An introductory presentation on ICOs. Describes 101 of ICOs I have provided some liks about legalities of ICOs. I will improve the document soon or upload more documents on each topi, like US regulations of ICO, defining tokens, Different blockchains etc

An introductory presentation on ICOs. Describes 101 of ICOs I have provided some liks about legalities of ICOs. I will improve the document soon or upload more documents on each topi, like US regulations of ICO, defining tokens, Different blockchains etc

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Crypto world 101

  1. 1. CRYPTO WORLD The Echo System 101
  2. 2. Parallel CRYPTO World  Technology is creating ‘ALTER’NATIONS  They are Nations without boarders  Unlike the underworlds these are  Open  Legal  Bigger than the biggest nation  They are
  3. 3. ..and More
  4. 4. What They Don’t Have  These Alternations are powerful and will be more powerful  Can control worlds  But they lacked the currency  What do they do in future  WILL HAVE THEIR CURRENCIES ..CRYPTO CURRENCIES  Then  No Trumps.. No Kim Jong Un .. No Xi Jinping, no Modis..
  5. 5. Crypto components Flat Currency World Crypto World Monetary Reserve A nation's assets held in a foreign currency and/or commodities like gold and silver Backed by complex mathematical algorithms to be solved to mine the coins ( Limited supply) Currencies $, #, Yen etc Bitcoin ( First), ETH, Light coin etc. Acquire Currencies Buy, thru receipts, services ( transactions) Buy Thru( COINBASE, by getting tokens from the different service vendors Controlled by Central Banks of Govt Completely decentralized Fradu More manipulations powered by a public ledger that records and validates all transactions chronologically, called the Blockchain. No Fraud
  6. 6. CRYPTO Currencies  Bitcoin ( the first one)  Alt Coins ( All of them processes their own independent block chain where the transaction occur in)  Derived from bitcoins protocol and variants of bitcoin codes are : litecoin, DogeCoin etc)  There are other coins not derived from bit coins' open source protocol, rather they have created their own Blockchain and Protocol that supports their native currency (Etherium, Ripple, Oni, Nxt, Waves, Counterparty)  Tokens: represent a particular asset or utility, that resides on the top of an blockchain – Allows to create your own COIN TOKENS. Represents a unit of value in (or access to) a system. It has a specific purpose in that system  Smart Contracts: Computer programming code that are self-executing and don not need any 3rd parties to operate
  7. 7. ICO  Tokens are created and distributed thru an ICO ( CROWD funding)  ICO are relatively less expensive to raise funds  Marketing is as easy as its is difficult as the investors are geographically spread by on the internet we can easily make or break them
  8. 8. ICO – 1steps  Identify a problem  Find a solution  Write an white paper  Assemble nice Team  Good Advisors  Good marketing team/Agencies
  9. 9. Tokenomics  Determine the following: —Purpose of the token —Functionality or utility of the token —Distribution and allocation of the token
  10. 10. Different types of tokes  Utility Tokens  A token created for buying or selling the service or the product you have. This token attracts lot of regulations in many countries  For example, Filecoin–which raised an ICO-record $257 million–plans to provide a decentralized cloud storage service that will take advantage of unused computer hard drive space. ICO contributors received tokens that they will be able to use to purchase storage space from Filecoin once the service has launched.
  11. 11.  Security Tokens:  A security is a broad classification that refers to any kind of tradable asset. Through ICOs, investors have access to a wide variety of securities tokens, ranging from coins redeemable for precious metals to tokens backed by real estate. ( in US they are regulated)  application of the Howey Test(SEC): There was an investment of money. And a common enterprise. With the expectation of profit, primarily from the efforts of others.
  12. 12.  Asset Tokens  Asset tokens are digital tokens that represent a physical asset or product. A great example of asset tokens would be tokenized gold. Startup projects such as Goldmint are digitizing and tokenizing physical gold holdings to allow investors to purchase difficult-to-store physical assets such as gold online.  Asset tokens are an excellent use case for blockchain technology and tokenization but are generally not as popular among investors because the value of the tokens does usually not exceed the value of the asset and thus have less upside potential than other types of tokens.
  13. 13. Next steps  Upload your whitepaper to ICO influencer sites  Translate your document/Web to different languages  Reviews/roadshows/interviews etc  Begin the issue  Pre-sale  ICO sale  Presale Discount  Trading Starts
  14. 14. How they Generally use the tokens
  15. 15. General Token Allocation
  16. 16. ICO completed  https://ico.rentberry.com/  https://celsius.network/crowdsale/
  17. 17. 2017 & 2018 ICOs  2017  70 ICOs opened per month  500+ were closed  100 ICOs were canceled.  The $ amount is USD6.4B  The Top 5 ICOs in 2017 are  Filecoin ($257M),  Tezos ($232M),  EOS ($180M),  Bancor ($153M),  Status ($98 M).  TEZOs is facing 3 cross-action lawsuits seeking the return of the funds!  2018,  120+. opened
  18. 18. Different Ideas for Blockchain application
  19. 19. Legal  Swiss Laws for Token Issues: https://www.slideshare.net/RonaldKogens/how- crypto-tokens-qualify-under-swiss-law-a-comprehensive- framework?qid=706014a7-9d98-4b1e-ba73- ab5d38b3e971&v=&b=&from_search=1
  20. 20. USA law  SEC is declared Tokens as securities and therefore they cannot be sold to the public, in July 2017. US companies are establishing their outfits in the Cayman Islands or Gibraltar for their ICOs.  Read SEC’s actions on some ICOs: https://www.bloomberg.com/news/articles/2018-03-01/sec-is-said-to- issue-subpoenas-in-hunt-for-fraudulent-icos.  Bitcoins and ICOs are not regulated in the USA, therefore more than one agency can question you?
  21. 21.  Contact us @ www.Futransolutions.com, or info@Futransolutions.com for help in developing your Blackchanin based apps, smart contracts.

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