kaal:claim:3117224-008

ICO promoters can alter the smart contract to change the sales rules mid-course during the ICO.

Source quote, verbatim
Promoters can also change the smart contract to change ICO sales rules mid-course during the ICO.
From

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018), II. Regulatory Concerns, p. 4
https://ssrn.com/abstract=3117224 · source PDF

Cite as

Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224

Classification

failuresupport: assertedfailure: mid-offering-rule-changefamily: investor-protection-gapsmart-contractseconomics

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