Younow : PROPS, tokens, and Regulation A+ / John Eagan.

Format:

Book

Author/Creator:

Eagan, John Vincent, author.

Series:

SAGE business cases.

SAGE business cases

Language:

English

Subjects (All):

Venture capital--Case studies.

Venture capital.

Blockchains (Databases)--Case studies.

Blockchains (Databases).

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : SAGE Publications: SAGE Business Cases Originals, 2023.

Summary:

YouNow, Inc., a streaming broadcasting service, was founded in 2011 and started a virtual economy for its services in the fall of 2015. In 2017 YouNow issued Simple Agreement for Future Tokens (SAFTs) to investors for a blockchain-based token called PROPS under a Regulation D private placement. In 2019 the service issued PROPS tokens under Regulation A+, which could be distributed to users of the YouNow network. The Securities and Exchange Commission (SEC) approved the Regulation A+ token issuance in July 2019, only the second time the commission had approved a token issuance at that point. The primary issue in this case is how students could craft a token using the YouNow PROPS as a new model for raising capital and building an ecosystem through blockchain utility tokens.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

1-5296-1046-X

9781529610468

OCLC:

1362531213