12-04-2019 15:00 via cryptoinsider.com

Blockstack Aims to Launch the First SEC-Qualified Token Offering

Blockstack, a decentralized computing network that enables a new generation of applications, filed an offering statement with the United States Securities and Exchanges Commission (SEC) to launch a $50 million token sale using the SEC Regulation A+ framework.Looking to accelerate the development of the Blockstack decentralized computing network and app ecosystem, the company has decided to avoid the Initial Coin Offering (ICO) path that many startups have taken, and has been working with securi
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