Younow : PROPS, tokens, and Regulation A+ /

YouNow, Inc., a streaming broadcasting service, was founded in 2011 and started a virtual economy for its services in the fall of 2015. In 2017 YouNow issued Simple Agreement for Future Tokens (SAFTs) to investors for a blockchain-based token called PROPS under a Regulation D private placement. In 2...

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Bibliographic Details
Main Author:	Eagan, John Vincent (Author)
Format:	eBook
Language:	English
Published:	London : SAGE Publications: SAGE Business Cases Originals, 2023.
Series:	SAGE business cases.
Subjects:	Venture capital > Case studies. Blockchains (Databases) > Case studies. Capital à risques > Études de cas. Chaînes de blocs > Études de cas. Blockchains (Databases) Venture capital Electronic books. Case studies
Online Access:	Connect to the full text of this electronic book

Description
Summary:	YouNow, Inc., a streaming broadcasting service, was founded in 2011 and started a virtual economy for its services in the fall of 2015. In 2017 YouNow issued Simple Agreement for Future Tokens (SAFTs) to investors for a blockchain-based token called PROPS under a Regulation D private placement. In 2019 the service issued PROPS tokens under Regulation A+, which could be distributed to users of the YouNow network. The Securities and Exchange Commission (SEC) approved the Regulation A+ token issuance in July 2019, only the second time the commission had approved a token issuance at that point. The primary issue in this case is how students could craft a token using the YouNow PROPS as a new model for raising capital and building an ecosystem through blockchain utility tokens.
Physical Description:	1 online resource : illustrations.
ISBN:	9781529610468 152961046X