First offering to CoinList investors in 2018: Origin
CoinList is excited to announce the opportunity for our investment advisory clients to invest in Origin’s CoinList
Round. You can
go to CoinList.co
and register to become a CoinList investor and learn more about the specific opportunity.
Origin is developing a protocol for creating
sharing economy marketplaces using the Ethereum blockchain and IPFS. Origin is being built to provide features like
listings, identity, payment, and scheduling to new distributed sharing economy marketplaces, creating the potential
for distributed versions of products like Uber, Airbnb, Getaround, and Fiverr.
The Origin project was co-founded by Josh Fraser (who has co-founded 3 venture-backed companies, including one
acquired by Walmart Labs), and Matthew Liu (the 3rd PM at YouTube and VP PM at Qwiki and Bonobos). Their team
includes the former head of Dropbox NYC Engineering, Cuong Do, and Yu Pan, the first employee at YouTube and one
of the 6 founding team members of PayPal.
You can go to
Origin’s website to learn more
about their product, or register as a CoinList investor to learn
more about the opportunity we are recommending to our investors.
Learn more about the Origin investment opportunity
CoinList in public
CoinList’s Regan Bozman published a piece called
Will the real Crypto Valley please stand up?,
discussing the value of headquartering token projects in various jurisdictions and why that may or may
not be a good idea.
Also, we’ve continued to try to spread the word about the value of compliance and diligence in the digital asset economy, and people have been listening. Recently, we’ve been covered by:
Please spread the word!
Regulatory update
The Securities and Exchange Commission has come out with some welcome guidance lately. While it isn’t formal in the sense of a compliance and disclosure interpretation or FAQ, it came straight from the top.
On June 6, in an interview on CNBC, SEC Chairman Jay Clayton clearly stated that cryptocurrencies such as Bitcoin and Ethereum are in the clear as far as the securities laws are concerned. Clayton continued, asserting that he would not support a change in the SEC’s facts and circumstances definition of a security, which he remarked has worked well for a long time.
See the full interview with SEC Chairman Jay Clayton.
Then on June 14, William Hinman, the SEC’s Director of Corporation Finance (the division that oversees primary securities offerings) spoke at the Yahoo Finance All Markets Summit. There, Hinman opened the door to the existence of a utility token. After giving a brief history of the analysis necessary to determine if an instrument is a security or not, he set forth certain guidelines that could be used to conclude something is a utility. He went further to describe how an instrument might convert from a security at one point in its lifecycle to become a utility at a later stage. This is most welcome news and should help token developers sleep a little easier knowing that if they develop a fully functioning network and can meet certain criteria, they will not be subject to the full weight of the securities laws.
Read Hinman’s full speech
and look for more on utility token criteria from CoinList coming soon.
Reminder: sign up for airdrops
Since launching the
DFINITY airdrop,
we’ve been hard at work preparing for future ones. Remember to
sign up
for our airdrops product to be alerted of future launches and hear about airdrops from the issuers we work with.
Sign up for airdrops (for everyone, not just investors)
And of course, we’re hiring
We’re expanding our compliance, operations, engineering, and product teams and have multiple open positions.
View all open positions
About CoinList Capital
CoinList Capital is CoinList’s SEC-registered investment advisory subsidiary that offers investment opportunities
to its clients. Before offering an investment opportunity to clients, CoinList Capital conducts an extensive
diligence process, analyzing aspects of the project such as token economics, the technology, the team, the deal
terms, and the legal structure.
Register to become a client of CoinList Capital
Investment advisory services are offered by CoinList Capital LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Nothing in this communication should be construed as a solicitation or offer, or recommendation, to buy or sell any security. Investment advisory services are only provided to investors who become CoinList Capital LLC clients pursuant to a written agreement available at https://coinlist.co. All securities involve risk and may result in total loss.
CoinList and its affiliates do not provide tax, accounting, or legal advice — all individuals are advised to consult with their advisers. Nothing in this communication should be construed as a solicitation or offer, or recommendation, to buy or sell any security. All securities involve risk and may result in total loss.
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