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Offline Pheonike

Cryptonomex and the JOBS act?
« on: June 18, 2015, 06:03:54 PM »



Is CNX going to consider using the JOBS act in the future to source funding and letting some of the AGS/PTS/Keyhottee users the option to provide funding?

Offline NewMine

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Re: Cryptonomex and the JOBS act?
« Reply #1 on: June 18, 2015, 07:32:11 PM »
Title III only limits crowdfunding to a million dollars per year from non-accredited investors. So probably not.

Offline luckybit

Re: Cryptonomex and the JOBS act?
« Reply #2 on: June 18, 2015, 07:45:19 PM »
Title III only limits crowdfunding to a million dollars per year from non-accredited investors. So probably not.

Whats wrong with a million dollars per year? Actually I heard it's 50 million.
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Offline gamey

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Re: Cryptonomex and the JOBS act?
« Reply #3 on: June 18, 2015, 10:15:42 PM »
Title III only limits crowdfunding to a million dollars per year from non-accredited investors. So probably not.

Whats wrong with a million dollars per year? Actually I heard it's 50 million.

I heard it was 50 billion, but that was my pot dealer so really who knows?
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Offline toast

Re: Cryptonomex and the JOBS act?
« Reply #4 on: June 18, 2015, 10:21:38 PM »
Title III only limits crowdfunding to a million dollars per year from non-accredited investors. So probably not.

Not sure if snark... $1m is a lot of runway especially now that dan has learned how not to waste money. With the investment cap you could auction shares off, then use that as the valuation for VC money.
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Offline Method-X

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Re: Cryptonomex and the JOBS act?
« Reply #5 on: June 18, 2015, 10:25:27 PM »
Title III only limits crowdfunding to a million dollars per year from non-accredited investors. So probably not.

Whats wrong with a million dollars per year? Actually I heard it's 50 million.

I heard it was 50 billion, but that was my pot dealer so really who knows?

50 trillion dude!

Offline cylonmaker2053

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Re: Cryptonomex and the JOBS act?
« Reply #6 on: June 18, 2015, 11:24:18 PM »
Title III only limits crowdfunding to a million dollars per year from non-accredited investors. So probably not.

Not sure if snark... $1m is a lot of runway especially now that dan has learned how not to waste money. With the investment cap you could auction shares off, then use that as the valuation for VC money.

the community could do wonders with an additional $1M in crowd funded equity, which would certainly spice up the incentives for VC and other angels to enter the space.

Offline BunkerChain Labs

Re: Cryptonomex and the JOBS act?
« Reply #7 on: June 18, 2015, 11:44:56 PM »
I would rather they continue to focus the way they are on making bitshares a sustainable source of income rather than wasting a lot of time hunting for more money. They appear to be capitalized enough now.
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Offline DMo09

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Re: Cryptonomex and the JOBS act?
« Reply #8 on: June 19, 2015, 02:30:07 AM »
Jobs Act Title IV raised crowd fund limit to $50M:
http://www.forbes.com/sites/chancebarnett/2015/03/26/infographic-sec-democratizes-equity-crowdfunding-with-jobs-act-title-iv/

And I agree with Data Security... But Jobs Act Title IV does potentially open some doors regarding UIA's...
« Last Edit: June 19, 2015, 02:36:23 AM by Dan Maloney »

Offline cylonmaker2053

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Re: Cryptonomex and the JOBS act?
« Reply #9 on: June 19, 2015, 12:39:19 PM »
I would rather they continue to focus the way they are on making bitshares a sustainable source of income rather than wasting a lot of time hunting for more money. They appear to be capitalized enough now.

true, funding comes in all kinds of flavors with all kinds of potential strings attached; the ideal capitalization would be BTS jumping in price. i was thinking more in terms of side ventures, like remittance co's, growing in the ecosystem with alt types of direct funding...

 

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