DO NOT start your ICO in the United States of America (8/20)

In fact, do not accept any ICO purchases from there and inform your investors about it. Even if your legal profile is immaculate and you are sure that you will be able to pass all the checks of government agencies… just don’t. At least, not when you are still starting up. The amount of unwanted attention you will attract far exceeds the profit you will gain. The best place to have your ICO is in the European Union. 

Their law actually makes sense, even after GDPR, and is far more friendly to the cryptocurrency startups. And once your project is up and running, you will be able to simply expand to the USA with far less legal scrutiny.

Contributor: Alex Blazhevych from bonpay.com

Written by Nathaniel Fried

Co-founder of Fupping. Busy churning out content and building an empire.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.