Tag Archives: gambling

Ex(?)-Gangster Crowdfunding ICO

Why rob a bank when the crowd will send you money for nothing? The South China Morning Post out of Hong Kong reports: “Former Macau triad gangster “Broken Tooth” Wan Kuok-koi has partnered with a mysterious Beijing firm to back … Continue reading

Posted in accredited investor, balance, Banking, CFTC, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, discrepancies, Funding Portals, Investments, Jobs, Legislative Intent, review, SEC, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Raffle Company Crowdfunding Equity

How would you like to buy a house worth £650,000 for £5? Raffle House, a UK company, that raffles off homes is crowdfunding its company on Seedrs. Raffle House is currently showing a home appraised at £650,000 and wants  to … Continue reading

Posted in accredited investor, balance, Banks, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, technology | Tagged , , , , , , , , , , , , , , | Leave a comment

First Sharia-Compliant Crowdfunding Portal Approved

Yielders is apparently the first crowdfunding platform that has been approved by the United Kingdom’s Financial Conduct Authority that is in compliance with Sharia law. Some think it is partially as a result of Brexit and the desire of the … Continue reading

Posted in accredited investor, balance, Banking, Banks, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Funding Portals, Investments, Jobs, Legislative Intent, Small Business, technology | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Stupid Crowdfunding Trick

Stupidest crowdfunding idea ever: A microbrewery in Ohio is asking “investors” (really gamblers) to plunk down $47.50 per share, vote for either black or red, and say how many shares they want to gamble. After the closing, the votes will … Continue reading

Posted in accredited investor, Broker dealers, checkbook, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, fraud, Investments, Jobs, Legislative Intent, SEC, Small Business, Tax, VC, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

PayPal No Longer Providing Crowdfunding Protection

TechCrunch reports that PayPal is changing its policy and will no longer provide Purchase Protection for crowdfunding donations. The online publication thinks that it may be because there’s a new type of donor who has been asking for her money … Continue reading

Posted in accredited investor, Broker dealers, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, Film, fraud, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, technology, VC, Venture Capital, Wall Street | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Crowdfunding + AI + Fantasy Sports

Crowdfunding comes to the fantasy leagues as Edge Up Sports has partnered with IBM’s Watson artificial intelligence engine Watson to develop a numbers crunching app to help you “bet” on football. All legal of course, as fantasy sports betting is … Continue reading

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Prohibited Crowdfunding Rewards

Getting into the weeds of crowdfunding can be pretty interesting. For example, did you know that the following items are PROHIBITED as rewards by Kickstarter: illness cures, lotteries, energy drinks, hate propaganda (which probably includes swastika stickers), genetically modified organisms … Continue reading

Posted in Banking, Congress, Crowd Fund Act, Crowd Fund Act of 2012, Crowd Funding At the Margins, Crowd Funding Platforms, FINRA, Funding Portals, Investments, Jobs, Legislative Intent, SEC, Small Business, Venture Capital | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment