Hey azircon, I really appreciate your advice about being cautious.
all SEED investors are aware of the situation and (as I understand it) that they know that I can cease operations at any time and for any reason, I deem valid (legality being one of them).
One of the things planned long term for SEED is to form a DAO, although I have not done the relevant research as the project is barely 10 days old but I understand that is the key to being able to escape regulations that would define SEED as security. As of today, I have not seen a single $ in my pocket due to SEED, and in fact, I am buying tokens the same way everyone else does (1:1 in exchange for HBD).
I am very aware of the security laws. Unless you are a certified financial advisor you cannot ask investment money from public.
regarding that, and although it may be interpreted as a loophole, I am not asking for 'investment money', I'm asking for HBD which for governments have literally 0 value (in exchange for another token with 0 intrinsic value; SEED).
In my view, governments cannot play both sides of the game. Either they accept the cryptocurrencies in question as money (with the relevant implications, or they don't).
Of course, this is my understanding and I could be 100% flawed, but I won't be ceasing operations waiting for governments to regulate the thing seeing the opportunity running away in front of my eyes.
I comply with all obligations as far as my business is concerned (complying 100% with the current law in my country) and I understand that the buyers of SEED do as well (being 100% responsible for the purchase/sale of the token as well as the corresponding capital gains).
I'm upvoting all comments to get a bit more visibility. If anyone can contribute to the conversation, please do so.
RE: Let's talk about SEED 'value-acruing' model.