Also read this:
http://bytemaster.bitshares.org/article/2014/12/26/Stop-the-Crowd-Sales-Long-Live-Crowd-FundingWhile bitshares, got of by declaring
BTS as digital property. everything as a donation no strings attached.
I don't think you can do the same, you're selling shares in your company.
The SEC, was supposed to change their stance on equity Crowdfunding, but as far as I know they haven't yet.
This means that only Americans that are accredited investors can invest.
The rules around the globe are very different. Here in Europe they seem to be more liberal.
I don't know what the equivalent of the Canadian SEC stance is.
According to this it will be another year before the SEC will allow equity crowdfunding:
http://www.entrepreneur.com/article/240558EDIT:
It seems I've overlooked this:
I think he makes some good points... it seems as though the safest route is to offer a service or product of some kind to be safe.
Does this concern your activities at all in BitShares?
So what you would basically do is reward based crowdfunding, like kickstarter and indiegogo.
Sure this is absolutely legal.
If I remember correctly you're looking for about 10 million usd, this is pretty ambitious for a rewards based crowdfunding campaign.
A little searching led me to:
https://www.indiegogo.com/projects/cold-war-bunker-building-restorationhttps://www.indiegogo.com/projects/save-the-historical-fallout-shelterSo you know it isn't easy to raise capital through this.
The difference between those 2 campaigns and your new one is, those campaigns anticipated more on charity, where as the new campaign would be more of a presale.
I don't understand that if you take this route, why you would have the need for an UIA.
And also, wouldn't it be easier to reach a wider audience though traditional crowdfunding platforms?