Regulatory Clarity Won’t Bring an End to Crypto Risk

CoinDesk reported:

These company-like structures, complete with ecosystem tokens, are being used to fund and pay for a whole wave of new digital products and services. Some of them are just fun, but others are ambitious efforts to re-imagine how we manage computing, storage and even real-world assets. There is huge upside for the firms and people involved, and if we get better at managing scarcce resources, society as whole. Token sales that fund these initiatives are a form of crowdfunding and if startups can do this off-chain (and they can), there’s no reason they should not be able to do so in a well-regulated on-chain market.

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