STO and ICO Law With Steven Nerayoff, CEO & Founder of Alchemist
What is Crypto w/ Michael Nye - A podcast by Michael Nye: Bitcoin, Ethereum, Litecoin, Blockchain, Cryptocurrency, Crypto Advocate
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Sign up for our newsletter at https://Evolvement.io. Evolvement is a podcast hosted by Nye that revolves around Bitcoin, cryptocurrency, blockchain technology, and how these play a role in the current financial models and economic systems of the world. Welcome to the Security Token Series Hosted by the Evolvement Podcast. In this series, I hope to bring you the best quality guests and information around the newly emerging security token industry. The goal is to educate the audience on why security tokens are important to the ecosystem and how they will play a role within crypto. In this interview I sit down with Steven to discuss the the laws around Security Tokens and STOs. We look back to talk about the first ICO laws that were developed and how those were first created. Steven gives insight on Ethereum and what it was like structuring the utility for ETH. Also, Steven discusses some of the struggles they faced when dealing with the first ICO law. We talked a lot about what the STO law model will look like and why he believes Security Tokens will be extremely important for the ecosystem. We finalized our conversation by discussing a bit about IEO, Internal Exchange Offerings, and how those play a role in the cryptocurrency ecosystem. Learn more about Steven and his work at https://alchemist.com/team/steven-nerayoff/. Timestamps 2:38 - Who are you? 4:28 - Do you still believe Bitcoin will become the new monetary system? 5:13 - What is a legal architect? 10:45 - So you built the structure of the ICO model? 13:56 - What was the biggest struggle setting this up? 16:15 - What’s the deal with STOs? 19:00 - What is the different between an STO and normal equity? 21:15 - The security token can house multiple benefits? 23:20 - Is this more complicated than the normal ICO model? 24:30 - Do you think Security Tokens will play a large role in our financial systems? 30:47 - How does this process work for the normal retail investor? 42:27 - What is a security tokens exchange going to look like? 48:21 - What are you excited about right now? 53:45 - What is your opinion on IEO’s?