When token sales and ICOs took off in 2017, most projects chose to push ahead despite large regulatory risks. One of the few that went the other direction and put compliance first was CoinList. The platform made its debut by running the massive Filecoin token sales in which $205m was raised from accredited investors. CoinList also played a major role in popularizing the SAFT and creating tools to efficiently and legally raise in the US.
We were joined by CoinList President and Co-founder Andy Bromberg to discuss the history of CoinList, token sales, securities regulation and the potential of security tokens.
Topics covered in this episode:
How Andy became interested in Bitcoin and co-founded the Stanford Bitcoin Club
The Filecoin token sale and CoinList’s genesis story
CoinList’s due diligence for listing projects
Why they created a whitelabel token sale offering
The regulatory framework under which CoinList token sales take place
The logic behind the SAFT (Simple Agreement for Future Tokens)
How a token could transition from security to non-security
The recent SEC crackdown on projects that did ICOs
CoinList’s stance on security tokens
Episode links:
CoinList Website
Introducing CoinList
The Current State of Initial Coin Offerings
Introducing Airdrops by CoinList
The SEC reiterates their stance on crypto
Andy Bromberg on Twitter
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This episode is hosted by Brian Fabian Crain and Friederike Ernst. Show notes and listening options: epicenter.tv/268