#加密货币社区 #加密货币立场
We get a glimpse into the cryptocurrency industry’s unique fundraising practices, with digital tokens often granted alongside or in lieu of equity. Blockchain applications, digital assets and decentralized ledgers are often promoted as more transparent alternatives to traditional finance, but the ownership structures of many leading projects and cryptocurrencies remain opaque. Crypto investors often exchange cash for tokens rather than traditional equity, and companies rarely disclose these arrangements to the public, lest they provide ammunition to financial regulators in their fight to classify cryptocurrencies as investment securities.
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