2min chapter

Unchained cover image

The Chopping Block: Are VCs Bad for Crypto? - Ep. 481

Unchained

CHAPTER

Why VCs Get a Better Price Than Me?

In the ICO days, it was the case that retail and VCs got to participate at the same time. And now it's largely a legal question of whether or not you are allowed to do that. When something is not even launched and you're selling a token, it's definitely definitely a security. So doing a crowdsale of that, now we have enough legal precedent to say, yep, that's security, you're not allowed toDo that.

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