Amy Wan

First Regulated Initial Coin Offering Conference ICO 2.0 Summit Dives Deep into ICO Legal, Regulatory & Economic Implications

On Friday, November 10, 2017, StartEngine, a Regulation Crowdfunding platform based in Los Angeles, California organized ICO 2.0 Summit, the first regulated ICO conference – or at least the first that I’ve seen. While there seem to be an explosion of ICO and Blockchain-related conferences… Read More

So You Want to (Legally) Raise an ICO?

  On Tuesday, July 25, the SEC announced that Initial Coin Offerings, also called Token Sales, in many cases may be considered securities. Of course, this probably terrifies a large amount of the ICO community. So how do you actually legally raise an ICO? Your… Read More

The SEC ICO & DAO Announcement Decoded & Explained in Simple, Layman’s English

My Facebook Messenger was blowing up this afternoon. “OMG Have you seen this?” “What does this mean?” “Can you explain what this says in stupid people talk?” They were all referring to today’s SEC  announcement on ICOs. So, I’ll take 15 minutes from what was… Read More

A Peek Into My Crowdfunding Portfolio

Victoria Silchenko called out crowdfunding industry professionals earlier this year for not having invested in crowdfunding companies themselves. So, in that same spirit, I’m opening up my crowdfunding portfolio. Before I disclose, I’m going to say that I am NOT a financial advisor or any… Read More

How to Start a Real Estate Crowdfunding Platform

So, you want to start a real estate crowdfunding (RECF) platform. This article is intended to serve as a basic guide to launching a real estate crowdfunding platform in the United States. Decide on what you want to do There are many different types of… Read More

Congressman Patrick McHenry on Financial Inclusion through Technology

On Monday, March 6, 2017, Congressman Patrick McHenry gave keynote remarks at the Lendit Conference in New York City. Among the themes of his speech, McHenry talked about the need for financial inclusion, citing a statistic that counties with less than 100,000 in population saw… Read More

Why Your Initial Coin Offering Is Probably Regulated By Securities Law

It seems that at least once a week nowadays, I get a call asking whether an initial coin offering (ICO) is regulated at all, and the question came to a head at a recent Legal Hackers LA discussion on smart contracts by Daniel Rice. The… Read More

One Simple Thing Reg CF Issuers Can Do To Raise More Money Crowdfunding

Since Reg CF became effective, I’ve noticed a disturbing pattern in Reg CF deals—their valuations and economic terms are oftentimes unjustified. Unlike a normal angel or VC investment, which includes back and forth negotiations on terms with a lead investor, Reg CF issuers largely set… Read More

So You Want to Equity Crowdfund: A No-B.S. Guide to Crowdfunding Your Business

Crowdfunding campaigns tend to look like sexy, overnight successes, but rarely are the successful ones so effortless. What I’m about to say sounds dumb—so dumb that I’m reluctant to have to even say it—but a lot of folks contact me thinking that crowdfunding is easy,… Read More

Why Donald Trump Won the Presidential Election: What It Means & What We Need to Do

Many people feel deeply hurt from the outcome of the Presidential election. Here’s a kinder, simpler explanation as to why. This week, we saw a completely unexpected outcome in the Presidential election between Donald Trump and Hillary Clinton. As the punditry and chattering classes scramble… Read More

Finovate Celebrates 10th Anniversary Show in NYC

FinovateFall celebrated its 10th anniversary this last week with a two-day show on September 8-9, 2016 in New York City. The show featured demos from 72 companies presenting a diverse range of Fintech startups. In total, Finovate’s 30 events over 10 years have seen more… Read More

Hacking the Law (Crowdfunding Edition): Concurrent Offerings Part 1

First off, don’t panic. We’re not talking about hacking into computer networks or anything. Legal hacking, or hacking the law, doesn’t involve anything surreptitious. From an organization standpoint, Legal Hackers is an organization originating from Brooklyn Law School and now a global movement with over… Read More

Regulation Crowdfunding Investor Commitments Surpasses $5M in Under Three Months

Within its first three months, Regulation Crowdfunding investor commitments for campaigns that have met their minimum funding goals have surpassed $5 million, as reported by NextGen Crowdfunding. Regulation Crowdfunding, also known as Title III or Reg CF for short, enables companies to raise up to… Read More

Syndication is the What, Crowdfunding is the How

Syndication and crowdfunding are terms that have been used interchangeably within the last decade, and their concepts and meaning have become increasingly blurred. However, whereas syndication focuses on funding relationships and structure between the funder and funded, crowdfunding is a method of finding investors (or… Read More

Progress Report: Looking at Regulation A+ One Year Later

Regulation A+, which revamped the old Regulation A, became effective on June 19, 2015—just over a year ago. Here’s what we’ve seen during the past year of utilization: Statistics: Approximately 105 publicly-filed Regulation A+ filings to date, with approximately 44 of those filings qualified by… Read More