ICO is a fundraising mechanism in which new projects sell their underlying crypto tokens in exchange for bitcoin and ether. ICOs are a relatively new phenomenon but have quickly become a dominant topic of discussion within the blockchain community. Many view ICO projects as unregulated securities that allow founders to raise an unjustified amount of capital, while others argue it is an innovation in the traditional venture-funding model. The event has helped to understand the specific characteristics of the ICO; is it a groundbreaking tool or risky and fraudulent one; how it is regulated worldwide and what the regulation perspectives in Russia are; the legal risks of the ICO for investors; what the ICO tokens are etc.

Photo from left to right: Roman Yankovskiy from Zartsyn, Yankovkiy & Partners; Alevtina Kamelkova, Counsel, Baker & McKenzie; Edgars Puzo, Atos, the AEB IT-Telecom Committee Chairman and moderator of the event; Vadim Konyushkevich, Liniya Prava Law Firm. 

Presentations are available here:

• Presentation LP for AEB on ICO
• Presentation ICO or not to ICO Alevtina Kamelkova