Blockstack Announces Its Regulated Token Offering

in #bitcoin5 years ago

Blockstack is building the new decentralized internet.

It’s one I wrote a few articles about 12-18 months ago, but did a more recent update in January.

Some more exciting news today... Blockstack's token offering.

On April 11 Blockstack announced that it filed with the SEC for a $50 million regulated token offering.

Per Blockstack, over the past months it has worked with top legal teams to deliver a framework to allow for the compliant sale of Stacks tokens.

However, the SEC still has to approve the offering.

Once approved, Stacks (STX) tokens will be offered through the stackstoken.com website.

Check this out.

Wow!


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This will def be something to monitor.

Posted using Partiko iOS

Hopefully they’ll be able to get this approved! It’ll be huge for crypto and more importantly emerging crypto companies

Posted using Partiko iOS

I hope so too!

Do you know what the token suppose to do?

Posted using Partiko Android

It's used to tie into the bitcoin blockchain for security.

🤔🤔

Posted using Partiko Android

This post has received a 3.57 % upvote from @boomerang.

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