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Roman Buzko
@buzko
The big legal brain from a16z @milesjennings dropped a 3-part Token Launch Playbook. To keep it very short: (i) decentralize to avoid reliance on managerial efforts (one of the elements in Howey) and (ii) exclude US residents.
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Miles Jennings
@milesjennings
There are actually three strategies, (1) decentralize, (2) exclude the US and (3) restrict transferability.
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