| Description |
1 online resource : illustrations |
| Series |
SAGE business cases |
|
SAGE business cases
|
| 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 XML content |
| Subject |
Venture capital -- Case studies
|
|
Blockchains (Databases) -- Case studies
|
|
Blockchains (Databases)
|
|
Venture capital.
|
| Genre/Form |
Case studies.
|
| Form |
Electronic book
|
| ISBN |
9781529610468 |
|
152961046X |
|
