fintech bitcoin blockchain

Question 1 Define the different types of coins/tokens we have discussed in class. Provide one real-life example for one of token and describe how the token is being used (or will be used). Explain what blockchain the token runs on and why. (10 marks) Question 2 Describe two major differences between the Bitcoin and Ethereum blockchain and explain how these differences impact the working and/or use case of the blockchain. (10 marks) Question 3 a. In Facebook's original idea of the Libra cryptocurrency, what do we know of the technical details of the planned blockchain and the Libra token? While you are welcome to write as much as you know, as a minimum, your answer should include information about the type of blockchain, who the miners are, how Libra was planned to deal with the typical cryptocurrency volatility, whether the token was planned to run on an existing or a new blockchain and why, and how system upgrades will be implemented. (5 marks) b. What did Facebook change when it renamed the token to Diem and why Nid it make that change? (5 marks) Question 4 On 25 July 2017, the Securities and Exchange Commission (SEC) issued an investigative report, henceforth called the DAO Report, which examined whether tokens offered and sold by a virtual" organization known as "The DAO" were securities and therefore subject to federal securities laws. The official name of the report was "Report of Investigation Pursuant to Section 21(a) of the Securities Exchange Act of 1934: The DAO". a. In its report, the SEC referenced the Supreme Court ruling SEC v. W.J. Howey Co., 328 U.S. 293, 301 (1946), which is nowadays referred to as the "Howey Test". List the criteria of the Howey Test that determine whether an investment contract exist and whether a token issue should be treated as a securities offering. (5 marks) b. Describe what the SEC concluded in its DAO Report and explain how it affected future initial coin offerings? (5 marks) Question 5 List some of the legal issues surrounding non-fungible tokens (NFTs) that are either not standardized across NFTS or that have not been addressed at all? Provide one detailed example for one of those legal issues. (10 marks) Question 6 Assume you are an investor and your considering making an investment via the equity- crowdfunding platform Seedrs. Describe one governance issue that you are facing as an investor and which is specific to Seedrs. (10 marks) Question 1 Define the different types of coins/tokens we have discussed in class. Provide one real-life example for one of token and describe how the token is being used (or will be used). Explain what blockchain the token runs on and why. (10 marks) Question 2 Describe two major differences between the Bitcoin and Ethereum blockchain and explain how these differences impact the working and/or use case of the blockchain. (10 marks) Question 3 a. In Facebook's original idea of the Libra cryptocurrency, what do we know of the technical details of the planned blockchain and the Libra token? While you are welcome to write as much as you know, as a minimum, your answer should include information about the type of blockchain, who the miners are, how Libra was planned to deal with the typical cryptocurrency volatility, whether the token was planned to run on an existing or a new blockchain and why, and how system upgrades will be implemented. (5 marks) b. What did Facebook change when it renamed the token to Diem and why Nid it make that change? (5 marks) Question 4 On 25 July 2017, the Securities and Exchange Commission (SEC) issued an investigative report, henceforth called the DAO Report, which examined whether tokens offered and sold by a virtual" organization known as "The DAO" were securities and therefore subject to federal securities laws. The official name of the report was "Report of Investigation Pursuant to Section 21(a) of the Securities Exchange Act of 1934: The DAO". a. In its report, the SEC referenced the Supreme Court ruling SEC v. W.J. Howey Co., 328 U.S. 293, 301 (1946), which is nowadays referred to as the "Howey Test". List the criteria of the Howey Test that determine whether an investment contract exist and whether a token issue should be treated as a securities offering. (5 marks) b. Describe what the SEC concluded in its DAO Report and explain how it affected future initial coin offerings? (5 marks) Question 5 List some of the legal issues surrounding non-fungible tokens (NFTs) that are either not standardized across NFTS or that have not been addressed at all? Provide one detailed example for one of those legal issues. (10 marks) Question 6 Assume you are an investor and your considering making an investment via the equity- crowdfunding platform Seedrs. Describe one governance issue that you are facing as an investor and which is specific to Seedrs. (10 marks)