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CryptoBiz Ep. 5 | Tokenomics, Structuring Sales & Masternodes

CryptoBiz Ep. 5 | Tokenomics, Structuring Sales & Masternodes

Learn what you need to know if you are considering tokenization.

If you like the show, please leave us a comment, like and subscribe. Please rate us on iTunes and share us with your colleagues. It really helps.

  • 2:20 Definition of Tokenomics – How are you going to tokenize your ecosystem
  • 2:47-3:32 Are you going to be a security, utility, or currency?
  • 3:35-10:20 The difference between a security and a utility
  • 10:45 How Much are you  going to raise
  • 11:14 The earliest part of your process should be what kind of token are you making, how do you intend to use the token and the money you raise. Who are you paying? How do you justify the raise?
  • 14:30 What it actually costs to launch and grow your business. Real marketing costs are a critical component, team expenses, you can’t do it all. 
  • Back your way into tokonomy (20:25)
  • 20:25 How to start your fundraising, How to ICO?
  • 23:30 Don’t overlook masternodes as a fundraising mechanism
  • 27:42 Now it’s time to start raising money. How does the process start and flow?
    • Why you need to have a private sale before your ICO
    • Lock out period
    • Traditional Methods of fundraising
    • When you should consider taking on an equity investor
    • 33:28 Pre-Sale Pricing tiers
    • Price fluctuations
  • More on Masternodes

In this episode Blacknox co-founders Brad Nickel, Keith Alan and Austin Gaines take a broad view of tokenomics with a discussion about what tokenomics really means, how your decisions regarding tokenization will impact how the SEC and other regulators will classify your offering and how it will require you to structure token distribution. *(policies may have changed since the original airing).  

Plus, a look at masternodes and why they are worth considering.

Tokenomics – What is it?

How you will tokenize your ecosystem.

Planning a use of your token.

Is your token / coin a security, a utility, currency, or hybrid.

Securitized tokens and uses.

How our client Encrypgen (https://encrypgen.com) applies tokenomics. Using the token to pay for and get paid for your genetic data.

Credits based utility for your token.

Clearly illustrate how you will use the funds you raise if you have an ICO.

Why it is important how you will use it.

How do you justify what you are raising?

Business and financial plan.

Pretend you are pitching a venture capitalist.

How much money do you need for marketing and growing your business?

Who will do sales, partnership, and business development and how?

Who will handle customer service and technical support?

How to figure out how many tokens and how to price them.

Allocating funds raised.

How will you raise? Is an ICO or STO needed?

Are airdrops viable for your project?

How are you pricing, why, and how?

Introduction to Masternode networks and why we are excited about them.

What the value is to the investor.

Compounding value.

Printing money.

Easier for investors to understand masternodes.

Private rounds of funding are critical if you don’t have the funds.

Setting the discounts in the private sale.

Pricing in each round and negotiating pricing.

Benchmarking vs. fiat / US Dollar or crypto like Ethereum.

How do you lock investors in

Have comments about tokenomics, ideas or topics you would like to hear us discuss? Join the conversation on Telegram https://t.me/cryptobizpodcast

Meet the Hosts https://blacknox.com

Find more tools and resources for entrepreneurs at https://cryptobiz.services 

If you enjoyed the podcast, please rate us on iTunes. It really helps us spread the word.

*The hosts and guest of the CryptoBiz Podcast are not attorneys or advisors and nothing should be deemed as advice. Content is for educational and entertainment purposes.

CryptoBiz Ep. 4 | How to ICO / STO Part 4 – Leadership | SEC: Utility Token or Security?

CryptoBiz Ep. 4 | How to ICO / STO Part 4 – Leadership | SEC: Utility Token or Security?

Learn how to determine if you have what it takes to be a great leader and what to do if you don’t + Learn how the SEC classifies your tokens. 

– Being the Founder doesn’t automatically come with qualifications to be the CEO or leader, nor does it mean that you should be.

Utility Token or Security Token? SEC Chairman weighs in.

  • (0:00-3:00) Intro set up and lead into to today’s show as the guys dive deep into Team and Leadership, but first some SEC news (regulatory policy is still being defined, but this remains valid and relevant as of 1/21/2020)
  • (3:00-5:31) SEC News Chairman Clayton says crypto is a security….leads to discussion of how to ICO.
  • (5:31-9:18) Keith starts the discussion about Chairman Clayton’s remarks which leads to, What do the SEC’s interpretations mean for projects moving forward.
  • (9:19- Back on topic here, how does a company go about launching a token to remain compliant?

Leadership

  • (21:56) Perfect transition into today’s topic, Leadership & Team
  • (22:04) Types of Leaders – The common denominator all leaders need to be able to motivate others
  • (29:00) What do you suck at? Figure it out and build a team around you to strengthen those areas of your business.
  • (33:05) Another type of CEO that’s difficult to work with, the ego maniac that just wants a yes man
  • (34:48) What to look for in a mentor or coach.
  • (35:41-37:28) If you haven’t been in this position before you need to surround yourself with advisors and core team members you need to have an advisor

Can you believe it? The final episode of The CryptoBiz How to ICO / STO Series is here. This 4 part educational series is aimed at helping crypto founders learn how to plan, build, launch and grow innovative ideas and projects into viable, revenue generating, regulatory compliant businesses.*(policies may have changed since the original airing). 

If you stuck with us through the first 3 episodes, thank you! Please leave us a comment, like and subscribe to the show and share it with your friends and colleagues. It really helps. If you haven’t listened to episodes 1, 2 and 3 yet, now would be a good time to do that. 

Utility Token or Security?

This episode begins with some ICO and crypto related regulatory news after SEC Chairman Jay Clayton stated that Bitcoin is considered a utility token and expands on the Commission’s view of utility tokens and securities and what defines them. Then the guys wrap up the How to ICO / STO Series by taking on a touchy, yet critically important subject…

Leadership

Being the Founder doesn’t automatically come with qualifications to be the CEO or leader, nor does it necessarily mean that you should be. Blacknox co-founders Brad Nickel, Keith Alan and Austin Gaines wrap up the CryptoBiz How to ICO Series with a deep dive into what it takes to lead teams and projects to success. 

#entrepreneurship#bitcoin#btc#business#ceo#crypto#cryptocurrency#ethereum#ico#leadership#marketing#regulation#sec#security#startups#sto#team#tokenomics#tokens#utility

*The hosts and guest of the CryptoBiz Podcast are not attorneys or advisors and nothing should be deemed as advice. Content is for educational and entertainment purposes.

What do you think the most important quality in a leader is?
Join the conversation on Telegram at https://t.me/cryptobizpodcast 

Meet the Hosts at https://blacknox.com

Find more business, marketing and technology resources at https://cryptobiz.services 

If you like the content, please comment, like, share and subscribe. We really appreciate it!

CryptoBiz Ep. 3 | How to ICO / STO 3 – How to Write a White Paper

Learn how to write (or re-write) your white paper. 

  • (00:00-12:42) Regulation vs Innovation: Is NY forcing crypto out of town? For that matter is it doing so to defend NYSE/NASDAQ turf 
  • Filtering the crypto media: You’ve got about 10 minutes to write about the trends in crypto.
  • (12:45-15:45) Those Crazy Russians: A great source of material for “ICO Dont’s”
  • (15:45-42:03 ) How to Create a Whitepaper: If you are considering tokenization you need a white paper that details your plan and strategy for success. What components should be in your white paper and why is it important to have them? Who should write it and what will it cost?
    • Professionally translated by bi-lingual tech writer to ensure proper grammar and context
    • Branding consistent with brand guidelines
    • Team
    • Go to Market Strategy
    • Marketing plan
    • Tech
    • Tokenomics
    • Tips for Roadmapping (31:36 -35:25)
    • What does it take to get one written: Managing cost (35:25-42:03)

The CryptoBiz How to ICO / STO Series continues. This 4 part educational series is aimed at helping crypto founders learn how to plan, build, launch and grow innovative ideas and projects into viable, revenue generating, regulatory compliant businesses.*(policies may have changed since the original airing). 

In this episode we take a deep dive into white papers. What should go into it, who should write it and what should it cost? 

Brad and Keith also touch on some crazy crypto industry news you can learn from, as well as a conversation about teams which weaves itself into the discussion about white papers.

If you haven’t listened to episodes 1 and 2 yet, now would be a good time to do that. 

If you enjoy the show, please leave a comment, like, subscribe and share. It really helps.

https://www.spreaker.com/user/10460728/cryptobiz-003-final 

Topics in How to ICO / STO Part 3 include:

* How much do white paper writers cost?

* How to choose a writer

* Why you must write the first draft

* Planning your ICO business. You need more than the tech white paper

* Why use a professional translator for your white paper

* How to structure the technical components of your white paper

* Tokenization

* Blockchain considerations for non-tech ICOs

* Why the white paper is critical to your success

* Road map and timeline – critical decisions. Why never to give specific dates

News

* New York is trying to run crypto out of the state, whether they know it or not.

* More fun Russian crypto bashing by the guys

Get your ICO or TGE analyzed by the Blacknox / CryptoBiz team:

https://t.me/blacknox

How will ICOs impact the VC market? Join the conversation on Telegram at https://t.me/cryptobizpodcast

About the Hosts:

https://blacknox.com

NY Attorney General Link:

http://money.cnn.com/2018/04/17/technology/ag-schneiderman-bitcoin-exchange-transparency/index.html 

Get your ICO or TGE analyzed by the Blacknox / CryptoBiz team:

https://t.me/blacknox

*The hosts and guest of the CryptoBiz Podcast are not attorneys or advisors and nothing should be deemed as advice. Content is for educational and entertainment purposes.

Cryptobiz Ep. 2 | How to ICO / STO Part 2 – How to Go From White Paper to Fundraising

Cryptobiz Ep. 2 | How to ICO / STO Part 2 – How to Go From White Paper to Fundraising

Learn how to ensure that your white paper is investor ready and your offering is regulatory compliant before you start fundraising.

  • (12:15-26:00) What it takes to go from white paper to token generating event (TGE).

Blacknox co-founders Brad Nickel, Keith Alan and Austin Gaines are back with the second part of the CryptoBiz How to ICO / STO series. This 4 part educational series is aimed at helping crypto founders learn how to plan, build, launch and grow innovative ideas and projects into viable, revenue generating, regulatory compliant businesses.*(policies may have changed since the original airing). 

If you haven’t listened to episode 1 yet, now would be a good time to do that. In this episode of the How to ICO / STO Series the guys discuss what it takes to go from white paper to ready to start fundraising and holding token sales and token generating events (TGE).

Critical parts of the process include ensuring that your white paper is investor ready and your offering is regulatory compliant. The SEC and other regulators around the world are making examples out of projects that they deem to be violating existing securities law. Before you take your first dollar, BTC or ETH to fund your crypto project, you need to make sure that your offering is regulatory compliant. Don’t assume that you are exempt. Consult an attorney before you start taking on investors or you are most certainly in jeopardy of needing one to represent you when regulators or investors come after you. 

Join the conversation and learn more on Telegram @ https://t.me/cryptobizpodcast

A little about Blacknox – https://blacknox.com

#entrepreneurship#btc#business#crypto#cryptocurrency#fundraising#ico#marketing#planning#startups#sto#strategy#whitepaper

*The hosts and guest of the CryptoBiz Podcast are not attorneys or advisors and nothing should be deemed as advice. Content is for educational and entertainment purposes.

CryptoBiz Ep. 1 | How to ICO / STO Part 1 – SEC Compliance | Strategic Planning: Narrow Your Focus

CryptoBiz Ep. 1 | How to ICO / STO Part 1 – SEC Compliance | Strategic Planning: Narrow Your Focus

CryptoBiz Ep. 1 | How to ICO / STO Part 1 – SEC Compliance | Strategic Planning: Narrow Your Focus

Learn what you need to know for your cryptocurrency / blockchain business.

  • (6:04-13:54) SEC Compliance: How to navigate the regulatory environment despite a lack of new policy.
  • (18:41-28:46) Startup Does & Don’ts

Let’s do this! Blacknox co-founders Brad Nickel, Keith Alan and Austin Gaines kick off the CryptoBiz Podcast with a 4 part series to help innovative crypto founders to plan, build, launch and grow innovative ideas and projects into viable, revenue generating, regulatory compliant businesses.*

Part 1 of the How to ICO/STO Series starts with some industry news and quickly gets into SEC Compliance with a discussion about navigating the regulatory environment without the benefit new policy for digital assets. (policies may have changed since the original airing). 

The 2nd half of the show the guys analyze a white paper for a proposed project and ICO as the basis for a discussion about narrowing your focus and strategic planning. 

If you like the show, please leave us a comment, like, subscribe and share with your colleagues. If you really like the show, please give us review on iTunes. You won’t believe how much that helps us bring you more great content.

Join the conversation and learn more about your business on Telegram @ https://t.me/cryptobizpodcast  

About Blacknox – https://blacknox.com

#Entrepreneurship#blockchain#btc#business#compliance#crypto#cryptocurrency#entrepreneurs#ico#marketing#sec#startups#sto

*The hosts and guest of the CryptoBiz Podcast are not attorneys or advisors and nothing should be deemed as advice. Content is for educational and entertainment purposes.