Private Investment Vehicles: SAFEs vs. SAFTs
Investment vehicles refer to any method or instrument by which individuals or companies can invest and hopefully earn positive returns or interest. With the growing and evolving startup ecosystem, a variety of investment vehicles are offered, each with their own risks and benefits to suit specific markets, different investment motivations, specific financial goals, or liquidity …
Read more →Web3 Democracy Touched by Chris Dixon
Chris Dixon has said “a new era of Internet companies that will be owned and operated by communities instead of owned and operated by corporations” in his latest interview. Although @cdixon explained “Why Web3 matters” (1) on 23rd September of 2021, some stuff didn’t get mentioned. In this interview, Chris Dixon hit the majority of Web3’s criticisms. Democracy …
Read more →Five Key Points of Flip Up
Turkey has implemented various incentive and investment programs and provided tax advantages to support startups; however, most of the tech startups aim to incorporate in the United States. The motivations behind this tendency are several, but one of the common mechanisms that serve this purpose is the “flip up” process, which allows entrepreneurs to move …
Read more →Florida Is Ready To Pay Taxes In Crypto
Following Colorado, which had decided to use cryptocurrencies to pay taxes, New York and Wyoming, where lawmakers have been very supportive of using cryptocurrencies in their jurisdictions, Florida is also ready to welcome innovative changes. Paying Taxes in Crypto Florida, the State which has been preparing to be a hub for crypto activities, has announced …
Read more →Malaysia Does Not Accept Bitcoin As a Legal Tender
Malaysia Deputy Minister of Communications and Multimedia, Zahidi Zainul, on Monday, March 21, took a step forward to recognize Bitcoin and other crypto-assets as legal tender following El Salvador. He mentioned that these innovative actions would support the youth and make them contribute and participate in this industry since the blockchain industry significantly increased among …
Read more →Litmus Test For Crypto Platforms: Differentiating Cryptocurrencies and Securities
The rapid development of blockchain technologies has brought many use cases in the train and consequently required scrutiny of governmental bodies. Even though most countries (including the United States) have not enacted comprehensive legislation on blockchain and digital assets, general rules remain applicable while determining that blockchain-related activities are legitimate. At the moment, various digital …
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