FAL WIRE

While the security-not-a-security debate has raged for months, one can be forgiven for forgetting that securities compliance is just one...

With the Initial Coin Offering (ICO) 'honeymoon' brought to a slowdown by US regulatory action, the true effect of the ICO boom has been laid bare. 2017 saw the peak in ICO activity, with issuers raising substantial funds on the back of tokens minted with nothing underpinned other than the bold promises of management and a unique digital token. In essence, these ICO investors invested in nothing more than tokens rendered authentic and unique artifacts by blockchain technolog

In our previous post, we spoke about Christie's upcoming Art + Tech Summit in July 2018. The summit is a cornerstone event as it heralds the recognition by major fine art market protagonists of the importance that blockchain will play. Although it frames as an open question whether the market is "ready for consensus", the benefits that blockchain can bring to, particularly, the collecting experience, are already, in our view, a foregone conclusion. The increased transparen