Byteball becomes accredited investor friendly



The Byteball train of genuine innovation continues to roar along, not that crypto news outlets are currently taking much notice.



We now offer out of the box verification of accredited investors. But what will this actually mean?



You are probably aware that various governments around the world are rightly concerned that their citizens could be scammed by investing in fraudulent crypto projects. The understandable reaction has been to bring regulation to the sale of crypto tokens. For example, many ICO’s have not been available to US citizens due to regulations. Indeed there have been recent claims from an ex regulator that there is an especially strong case to be made that Ripple is a non-compliant security.



Taking the case of the US, the sale of such securities in ICO’s could be legal if the ICO can demonstrate that only accredited investors are buying them.



Exactly what an ‘accredited investor’ is can vary between countries. But in summary, accredited investors are people or entities that can demonstrate they have sufficient financial means to be allowed to risk investing in securities not registered with financial authorities.



The great news is that Byteball now offers an easy legally compliant method for ICO’s to sell securities to accredited investors. Becoming a popular platform to raise ICO funds is part of our strategy for adoption, and the Byteball developers have, to be honest, hit a home run with this latest innovation. Will the crypto news outlets take notice of genuine innovation, or will they continue to prioritise stories such as crypto currencies being listed as payment methods for porn websites?



Track various stats for your Byteball powered ICO



The ICO bot now includes a website that allows ICO’s to display various statistics. So, if your ICO wants to sell unregistered securities to wealthy US based investors whilst keeping on the right side of the law and displaying real time statistics, guess what? You can now do all that out of the box with Byteball!



Bytes in Milan



There are now 57 businesses in Milan displaying the Byteball logo. The newsletter writers do not know who is responsible for this, but we very much applaud your efforts towards real world adoption!



Website revamp



The Byteball website is currently being redesigned. Expect to see the new version by the end of May, maybe a little sooner.



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