Coinpublish

  • Coins
    • Bitcoin Ethereum Ripple
      Bitcoin

      Frank Muller Develops Premium Watch Supporting Bitcoin Cold…

      May 27, 2019

      Bitcoin

      Report – Japan’s Parliament Transfers New Cryptocurrency Regulations…

      May 22, 2019

      Bitcoin

      HTC Announces Bitcoin Complete Nodes on Smartphone –…

      May 14, 2019

      Bitcoin

      Startup Reserve to Develop ‘Venmo Style App’ in…

      May 13, 2019

      Bitcoin

      E*Trade Grids to Attempt Crypto Trading

      April 29, 2019

  • Blockchain
    • Blockchain

      Christian Dior and LV Owner To Use Blockchain…

      May 17, 2019

      Blockchain

      Report – Blockstream Comes Up With a Security…

      May 16, 2019

      Blockchain

      Blockchain Center Established at Northeastern University in Boston

      May 8, 2019

      Blockchain

      Shrimp Producers in Ecuador Join IBM’s Food Trust…

      May 7, 2019

      Blockchain

      Microsoft and Starbucks Collaborate to Develop a Blockchain…

      May 7, 2019

      Blockchain

      Four Significant Drug Firms Based in the US…

      May 6, 2019

  • ICO
    • ICO

      Zilliqa Mainnet Launch date: 31 January, 2019

      November 19, 2018

      ICO

      Indian Tech & Finance industry takes initiative to…

      November 1, 2018

      ICO

      Cryptocurrency Under Threat from State Sponsored Hacks

      October 31, 2018

      ICO

      Cryptocurrency to be Treated as commodities in India,…

      July 13, 2018

      ICO

      Indian women more bullish on Cryptocurrency than men

      June 29, 2018

      ICO

      ICOs are a colossal risk to retail investor…

      June 21, 2018

  • Press Release
    • Press Release

      Stoyan Angelov Sheds Light on Evedo – Placing…

      April 16, 2019

      Press Release

      Title: 5 Partnerships That Could Make Litecoin The…

      March 12, 2019

      Press Release

      European Blockchain Investment Congress 2019 Bringing Industry Professionals,…

      January 21, 2019

      Press Release

      PermianChain Technologies launches its blockchain-based oil and gas…

      January 15, 2019

      Press Release

      Alibaba files the patent for blockchain technology directed…

      October 10, 2018

      Press Release

      South Korea Looking to change Blockchain Landscape with…

      October 10, 2018

  • Guide & Analytics
    • Guide & Analytics

      TRX – Is it the next big cryptocurrency?

      November 21, 2018

      Guide & Analytics

      6 ways Cryptocurrency and Blockchain are altering Entrepreneurship.

      June 22, 2018

      Guide & Analytics

      Top 10 Trends for Blockchain Technology in 2018

      June 21, 2018

      Guide & Analytics

      3 Most Promising Bitcoin Proposals

      June 21, 2018

      Guide & Analytics

      Asymmetrical Cryptography

      May 31, 2018

      Guide & Analytics

      Decentralized financial system

      May 31, 2018

  • Regulations
    • Regulations

      Report – Japan’s Parliament Transfers New Cryptocurrency Regulations…

      May 22, 2019

      Regulations

      India – RBI’s Regulatory Sandbox Welcomes Blockchain, Rejects…

      April 19, 2019

      Regulations

      Report – FSA Japan to introduce new rules…

      April 18, 2019

      Regulations

      Vladimir Putin Orders his Government to Embrace Crypto…

      February 28, 2019

      Regulations

      Bill Passed in Luxembourg to Give Blockchain Securities…

      February 16, 2019

      Regulations

      Financial Watchdog in Japan Intends to Regulate Unregistered…

      January 8, 2019

FacebookTwitterLinkedin
Coinpublish
Uncategorized

JCO: A Solution to Brewing ICO-palypse

by CP TeamJanuary 7, 20180
Share0
Add

Initial Coin Offerings (ICOs) have been under steadily increasing scrutiny by the US Securities and Exchange Commission (SEC), leaving many companies and would-be investors wondering if they should risk getting into the ICO craze or leave well enough alone.
In early December, the SEC even filed charges against PlexCorps, a company that had raised over $15 million by promising to deliver returns in excess of 1,354% percent over a one-month period. Later in the month, the SECfroze trading on a hot bitcoin stock, The Crypto Company, citing concerns regarding the accuracy and adequacy of information.
This has been the general gist of many of the SEC actions in regards to ICOs, sending shockwaves through the cryptocurrency investment world.
This space is on fire and everyone wants in, but all this uncertainty around ICOs is making investors nervous, says Fintech entrepreneur and Finova Financial CEO Gregory Keough. The ICO model was a good first iteration, but we saw that it was time to take it to a next-level approach that provides compliance while still delivering a type of crowdfunding opportunity.
JCO Offers ICO 2.0 Alternative
With his attorneys at Cooley LLP, Keough has created what he describes as ICO 2.0 – a next-gen hybrid of ICO and initial public offering (IPO) structured to comply with SEC regulations using the JOBS Act Regulation A+ to include non-certified investors in a pathway to the world’s first equity-linked token. He hopes his JOBS Crypto Offering (JCO) model will provide a new avenue for startups to raise capital from a larger pool of investors.
The crypto-investment market is maturing very quickly, says Keough. With the SEC’s actions, we’re already moving past the sort of lawless new frontier mentality that was so exciting when Bitcoin and ICOs first took off. Investors are looking for more secure ways to get into the crypto craze, and we are working with Cooley LLP to fill this market demand.
Introduced in the U.S. in November, the JCO is a new crowdfunding mechanism using the blockchain and cryptocurrency to allow companies to raise capital more readily through cryptocurrency investments and an initial public offering of stock in compliance with the JOBS Act Regulation A+.
First Equity-Linked Token Offering
Finova’s own token will carry the unique attribute of being linked to a share of equity in Finova and will provide for an ERC-20 Ethereum token standard that can be traded in cryptocurrency and is also backed by assets in a U.S. corporation (the ERC-20 standard makes assets more easily interchangeable). Upon issuance of tokens, the token will have the ability to pay the dividend directly to the wallet registered to the individual.
The JCO is being launched to offer an investment opportunity in Finova Financial, a socially responsible provider of digital financial technologies with a stated mission of creating a more inclusive financial system and providing a path to financial health for the 2 billion people outside of the traditional financial system. Founded in 2015 by an executive team with a deep background in traditional banking, Finova is backed by more than $100M in capital, led by CoVenture.
At the moment, Finova is in the process of offering a Simple Agreement for Future Tokens (SAFT) in a presale to accredited investors that will act as the first step on the path to issuing SEC-regulated securities to non-accredited investors.
Our goal was to create an investment model that democratizes access to capital as well as investment opportunities, says Keough. We worked with the community and our attorneys to design what we hope will be a model many can use to give early-stage companies access to the largest pool of capital possible.
To learn more about JCO, visit: http://jco.finovafinancial.com

Disclaimer: The opinions expressed in this article do not represent the views of CoinPublish or any of its team members. CoinPublish is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.

Add
Share0
next post
Germany’s First Crypto Exchange Launched
CP TeamCP Team
CP Team
A team of enthusiastic youngsters who wanted the world to know the pros and cons of the misunderstood cryptocurrency and blockchain, came together and started the website Coinpublish. When we decided to start coinpublish we knew we were in a race which had strong competitors and we had to be better and different. So we decided to roll the dice with crazy ideas which turned into amazing steps for the world to understand us better.

Related posts

ICO Craze Lures Australian Investors

CP TeamFebruary 10, 2018September 24, 2018

IOTA Foundation Welcomes Volkswagen Executive to its Supervisory Board

CP TeamJanuary 7, 2018

Icelandic police still on search for the miners.

CP TeamMarch 5, 2018September 20, 2018

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Recent Posts

Frank Muller Develops Premium Watch Supporting Bitcoin...

Moeen KhanMay 27, 2019

Report – Japan’s Parliament Transfers New Cryptocurrency...

Moeen KhanMay 22, 2019

Christian Dior and LV Owner To Use...

Moeen KhanMay 17, 2019

Report – Blockstream Comes Up With a...

Moeen KhanMay 16, 2019

HTC Announces Bitcoin Complete Nodes on Smartphone...

Moeen KhanMay 14, 2019

Startup Reserve to Develop ‘Venmo Style App’...

Moeen KhanMay 13, 2019

Blockchain Center Established at Northeastern University in...

Moeen KhanMay 8, 2019

Shrimp Producers in Ecuador Join IBM’s Food...

Moeen KhanMay 7, 2019

Facebook Feed

Facebook

Recent Posts

  • Frank Muller Develops Premium Watch Supporting Bitcoin Cold Wallet
  • Report – Japan’s Parliament Transfers New Cryptocurrency Regulations to its Upper House
  • Christian Dior and LV Owner To Use Blockchain to Certify Luxury Goods
  • Report – Blockstream Comes Up With a Security Token Platform
  • HTC Announces Bitcoin Complete Nodes on Smartphone – Exodus 1S

Archives

  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018

Meta

  • Log in
  • Entries RSS
  • Comments RSS
  • WordPress.org

Categories

  • Altcoin (12)
  • Bitcoin (110)
  • Blockchain (148)
  • Coins (65)
  • Ethereum (28)
  • Featured (6)
  • Guide & Analytics (44)
  • ICO (18)
  • News (228)
  • Press Release (47)
  • Regulations (40)
  • Ripple (17)
  • Uncategorized (732)

Categories

  • News (228)
  • Blockchain (148)
  • Bitcoin (110)
  • Coins (65)
  • Press Release (47)
  • Guide & Analytics (44)
  • Regulations (40)
  • Ethereum (28)
  • ICO (18)
  • Ripple (17)

Trending

Tron Might Officially Partner With Ethereum in 2019

Moeen KhanApril 8, 2019

MyEtherWallet Floats a New Open Source Ethereum Blockchain Explorer

Moeen KhanMarch 13, 2019

Swiss-based SIX Exchange Lists Ethereum ETP for Trading

Moeen KhanMarch 6, 2019

Constantinople Diagnosed with Vulnerability of Reentrancy attacks

Moeen KhanJanuary 16, 2019

Recent Posts

Frank Muller Develops Premium Watch Supporting Bitcoin Cold Wallet

Moeen KhanMay 27, 2019

Report – Japan’s Parliament Transfers New Cryptocurrency Regulations to its Upper House

Moeen KhanMay 22, 2019

Christian Dior and LV Owner To Use Blockchain to Certify Luxury Goods

Moeen KhanMay 17, 2019

Report – Blockstream Comes Up With a Security Token Platform

Moeen KhanMay 16, 2019

Newsletter

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Coinpublish
About US
Coinpublish is an up-and-coming independent publication delivering news around blockchain, cryptocurrencies, distributed systems and the decentralized global economy. We strive to provide unbiased and reliable information to our dedicated and influential readers across the globe. Our mission is to empower our audience with the latest news on price changes, project developments and technological advancements in the crypto space. Read More
Contact us: [email protected]
Follow us
FacebookTwitterLinkedin
@2018 - coinpublish.com. All Right Reserved.
Coinpublish
FacebookTwitterLinkedin
  • Coins
    • Bitcoin
    • Ethereum
    • Ripple
  • Blockchain
  • ICO
  • Press Release
  • Guide & Analytics
  • Regulations