# Asic

`kaal:entity:asic`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `asic`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 2 works, 2018 to 2022.

**2018**

- [3117224-026](https://wulfkaal.github.io/claims/3117224-026) [condition/evidenced] -- In Australia, an ICO that falls under the Corporations Act triggers additional disclosure requirements, for example where the ICO constitutes a managed investment scheme.
  > If an ICO/cryptocurrency falls under the Corporations Act, additional disclosures are triggered. For instance, an ICO might trigger a disclosure requirement if the ICO is a managed investment scheme (MIS).
  Wulf A. Kaal, Initial Coin Offerings The Top 25 Jurisdictions and Their Comparative Regulatory Responses (2018). SSRN: https://ssrn.com/abstract=3117224

**2022**

- [4015908-031](https://wulfkaal.github.io/claims/4015908-031) [empirical/evidenced] -- Grin avoided privileging miners who could develop ASICs before launch by gradually scaling up the portion of coins allocated to the ASIC-friendly algorithm over two years, which allowed hobbyist miners to participate.
  > However, Grin did not privilege miners who could develop ASICs prior to launch, rather they gradually scaled up the portion of coins allocated to the ASIC-friendly algorithm over 2 years, allowing hobbyist miners to participate.
  Wulf A. Kaal, Fair Token Launch (2022). SSRN: https://ssrn.com/abstract=4015908

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/asic.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.