has anyone looked into if its legal to make tokens thru token launchers?

i'd like to and am in japan but curious even for usa or canada.

@betashop.eth if i recall moxie had some careful design for this, know anything?

building • prev manifold.xyz, twilio.com

The unsatisfying answer is: it depends.

It’s legal to make a token in USA and Canada, but if you tell people your token gives them equity in a project, it’s illegal.

 It’s legal to make a token in USA and Canada, but if you tell people your token gives them future rewards that are higher than what they paid, then it’s illegal.

YMMV

Startup artist seeking inspiration.  Champion of /bcard

what if we tell them the future rewards are lower than what they paid

is that legal

merely observing the price action of most clankers😶‍🌫️

i swear i didn’t expect price of my coin to go up officer ALL THE COINS I BUY JUST GO DOWN