Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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a16z Crypto: Be cautious about listing on the secondary market and do not sell tokens publicly in the U.S. for fundraising purposes
2024-04-25 13:58
Odaily News a16z Crypto published an article today explaining the five rules for token issuance, including: 1. Do not sell tokens publicly in the United States for the purpose of fundraising; 2. Let decentralization be the direction; 3. Communication is everything, and self-manage accordingly; 4. Be cautious when listing on the secondary market and pay attention to liquidity; 5. Always ensure that the token lock-up period is at least one year from the date of token issuance.