Recognizing the growing importance of distributed ledger
technology (commonly known as
"Blockchain") for businesses of all
sizes, on December 5, 2018,
Miller Thomson LLP published its latest edition of Proof of Stake, a publication dedicated to
practical legal considerations when it comes to blockchain
technology. This issue is focused on small and medium sized
businesses.
Some of the highlights from this edition include:
- Coin Offerings and Token
Sales As a Tool for Capital Raising. Partner
Derrek Fahl explains how initial coin offerings
("ICO") and token sales have disrupted
the traditional capital raising model for small and medium
enterprises ("SME"). This is in large
part because ICOs and Token Sales create a direct line between
companies seeking capital and potential investors.