The Blue Print: A New Idea for Token DisclosuressteemCreated with Sketch.

in #ico6 years ago

The Blue Print

A Blue Print consists of three parts: (1) A technical analysis of 10 pages or less; (2) A slide deck with no more than 25 slides; and (3) An executive summary of no more than 5 pages.

Each part should have its own standards.

1. Technical Analysis

The technical analysis will have two parts, a developer's perspective and a lawyer's perspective. The specifics of what must necessarily be included in each section will depend on the project.

2. Slide Deck

The first five slides must include:

  1. A definite time at which the capital raised by the project will be returned to investors if the project is not complete.
  2. A definition of when the project will be determined "complete."
  3. A description of the purpose of the project.
  4. A list of the most relevant individuals participating in the project.
  5. Contact information for at least one person associated with the project.

The other slides must cover (by a "good faith" standard) all other relevant information about the project, including but not limited to:

  • Specifics about when tokens are created, how many tokens will circulate, who makes decisions about token distribution, and whether the tokens will trade openly on the secondary market.

  • A brief summary of why the token is or is not a security.

  • A fairly specific identification of the intended users of the token (e.g., for a token used to make payments within a delivery service application "people who want goods and food delivered to a specific location at any time of the day.")

3. Executive Summary

The executive summary is an introductory document that is meant to outline the broad aspirations of the project and summarize the work done and to be done. The executive summary must include at least the information presented by the first five slides of the slide deck.

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