Jake Chervinsky
@jchervinsky
What do you not understand about crypto law or policy that you wish someone would ELI5?
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Garrett
@garrett
dropping a token (do's and don't's) (permissible and not permissible)
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Jake Chervinsky
@jchervinsky
- Do hire your own lawyer ;) - Don't sell a token to retail in the USA - Do understand all four Howey prongs and how they apply - Don't make promises about increasing token value - Do have an internal policy about public comms - Don't engage in decentralization theater - Do your best in good faith and prepare to fight
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will
@w
"- Don't sell a token to retail in the USA ... - Don't make promises about increasing token value" are these mutually exclusive?
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Jake Chervinsky
@jchervinsky
I don't think so. Why would they be? A person could do both at once.
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will
@w
sorry of course a person could, i meant more: can teams make those claims (“we will work to increase the value of these tokens”) if they explicitly aren’t selling to US retail?
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