Links
Blog (not available)
LinkedIn (not available)
Slack (not available)
Overview
ICO Opening Date
Sep 11th, 2017
ICO Closing Date
Sep 27th, 2017
Country of Origin
Republic of Korea
Description
‘Berith’ is a Joint economy platform based on Membership Contracts. By integrating membership systems in a global scale, Berith is able to offer new marketing experience, various promotions and opportunities to increase sales for service providers. It also provides functions to recycle missed mileage and give more chances of choice. In addition, the platform and services provided by Berith are able to offer services to small and medium-sized providers who have had barriers even in providing common services. Moreover, Berith is a service platform that evolves and expands through the participation of members. We are committed to improving economic life through this active participation-based platform.
Technology
Blockchain Platform
Ethereum
Team
Members
Suwoong Lim - CEO
Taekkun Kim - CTO
Hoyeol Jung - Platform Architect
Sangwhan Kim - Blockchain Architect
Geunyoung Lee - Chief Strategy Officer
Junsoo Kwon - Business Development Manager
Sangjun Lee - Business architecture manager
Heegin Cha - User Experience Consultant
Disclosure: This page is created to provide market intelligence. This is not investment advice and does not constitute any solicitation or endorsement of any investment. Any investment you make is done at your own risk and at your full and absolute discretion.
By Bhushan Akolkar on December 11th, 2018 Jay Clayton said that ICOs should willingly follow securities laws which ensure higher protection of customers’ funds while eliminating fraud and manipulation.
December 10th, 2018
China has banned all Security Token Offerings and all activities linked to them. The government wants to regulate the new tokens before legalizing them to eliminate cases of fraud.
The U.S. District Court for the Southern District of California ruled a case between the SEC and Blockvest in favor of the ICO project.
The new guidelines mandate local companies to register with the FSA before launching their ICO digital tokens in the market.
The updated guide clarifies the Singapore central bank’s stance on how certain intermediaries should observe the rules determined by Anti-Money Laundering and Countering Financing of Terrorism policies.
In its first cases, the SEC has brought violations against Floyd Mayweather Jr. and music producer DJ Khaled involving ICO promotion. The SEC noted that using celebrity endorsers was a crucial part of the ICO issuers’ promotional strategy.
Maybe XRP cannot be classified as a security anymore. Max Rich, deputy counsel at the crowdfunding platform Republic says the SEC will use the DAO debacle that happened in the summer of 2016, as the cut-off point.
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