Reflections From The Hong Kong SPOT Conference 2018

Fiona Chan and Alison Thomson, members of Appleby's Global Technology and Innovation Group recently attended the SPOT conference in Hong Kong which showcased a variety of talks and panel discussions from the world's leading cryptocurrency and token exchanges.

The discussions were lively and interesting, and of particular interest was the importance of stringent due diligence for all involved in a token sale transaction, from the lawyers to the exchanges themselves, which we explore further below.

Token due diligence

One of the panel discussions featured some of Asia's leading cryptocurrency exchanges. With the market capitalisation of ICOs increasing and stabilising at a high level at the start of this year, due diligence in assessing the new crypto asset has become more important than ever, particularly for digital exchanges that choose to list certain ICOs and tokens. One key aspect to evaluating the long term success of a project is the limit to which a token