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Great Quote in the Article: "Wealth does not equal investor sophistication, and wealth should certainly not equal more opportunity. Today’s laws do not appropriately address either issue."
Crowdfunding backers who are victims of misconduct often have little recourse. But a simple platform design change could strengthen protections, according to new research from Wharton and Cornell.
When crowdfunding began gaining in popularity, it became quickly apparent that the platform was going to be exploited by scammers. Soon, it became difficult to tell whether or not the shoddy management team that failed to bring a product to market leaving a bunch of disgruntled 'customers' in their wake was acting maliciously or not. Did it really matter? People paid for a product that was never delivered. But this paled in comparison to the amount of money that people were fleeced for by the promise of ICOs. (If you've already forgotten about the ICO debacles which exited just as
Coinseed is a platform for spare-change investment and cash back rewards in crypto.
Google's Area 120 is testing a new crowdfunding app called Fundo to help connect Youtubers with their audience through paid event.
CoinList Founder Andy Bromberg gives his view of the hurdles currently facing the STO sector, and what is needed to get to the next level.
Ray J is still out here, making some major money moves, taking things a step further in the weed mar
The SEC and Kik are continuing their feud. The regulatory body pressed charges against the crypto-company earlier this year for their unregistered $100M ICO. Kik is fighting back at the SEC and accusing the regulatory body of supposedly “twisting the facts.” The SEC brought a lawsuit against the crypto-company in June for an ICO held...