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Can lawyers be replaced by smart contracts?

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Ignorance of the law excuses no one. Every business has to be aware of and abide by regulations that concern their operations. It’s not only large corporations who should be aware of certain legal liabilities and issues.

Ventures exploring innovation may touch on legal gray areas and even small businesses still have to deal with routine compliance. Having legal input is necessary to mitigate exposure and risks down the line.

Unfortunately, legal expertise is often seen as a luxury especially by startups and small enterprises. Legal services aren’t exactly cheap. However, forgoing legal consultations can be quite the risky especially for businesses operating in highly litigious societies.

Any hint of bad service can be seen as an opportunity for a lawsuit. Suits, no matter how frivolous, can be unnecessary burdens for growing operations.

Technology is starting to offer solutions to this concern. Blockchain, the technology that powers cryptocurrencies like bitcoin, provides secure and immutable record keeping.

This capability makes it promising for legal applications. New blockchain platforms are now also capable of enabling smart contracts – software that could record the terms of agreements on the blockchain and even automate their fulfillment as conditions are met.

As such, smart contracts appear poised to take over certain legal functions. But will they be enough to replace lawyers?

Smart contracts made easy

Many ventures are already embracing blockchain. Secure and immutable records are crucial in most business functions so applications of blockchain are now explored in a variety of industries.

Even large enterprises and traditional financial institutions have embarked on their respective blockchain projects. Gartner projects that blockchain and smart contracts will be in use by more than 25 percent of organizations worldwide by 2025.

The emergence of blockchain platforms such as Ethereum allows for wider access to smart contracts development. Developers can even use these platforms to create their own smart contracts and cryptocurrencies.

However, as software, smart contracts have to be developed and tested properly. This requires technical expertise to accomplish. Due to the current demand, hiring blockchain developers can command be quite expensive and such costs could very well offset the supposed advantage of using smart contracts over traditional legal services.

Fortunately, new blockchain ventures seek to remedy this. For instance, Jincor solves the technical complexity of smart contract and cryptocurrency development by “attempting to provide digital jurisdiction for B2B interactions”.

Jincor’s platform allows organizations to implement these functionalities through user-friendly and affordable means. The platform is also set to further extend the platform’s capabilities to enable companies to facilitation of contracts on the blockchain environment.

This would also allow for users to settle disputes through decentralized arbitration.

“Each company created in Jincor ecosystem has its own digital profile, which can be verified by its business partners (like banks, brokers, legal service providers etc.), listing of participants and one or few cryptocurrency accounts so that they can instantly perform regular financial operations automatically.

In the long-term, Jincor is meant to become a unique environment for implementation and development of various blockchain enterprise applications,” wrote Vladislav Kirichenko, the CEO and co-founder of Jincor.

Smart contract advantages

The ability to implement smart contract that could readily benefit organizations. For small to medium enterprises (SMEs), contracts are essential in defining the scope of transactions such as deliverables and costs.

Having these details in writing offer businesses protection in case disputes arise from transactions. Smart contracts leverage blockchain’s transparent and immutable records making them potentially more secure than traditional legal documentation.

Because of this, smart contracts could even allow for large transactions to be conducted purely online. For example, real estate transactions have mainly been face-to-face and offline.

They also require several intermediaries such as brokers, lawyers, and banks to facilitate each step of the process.However, since smart contracts could already keep track of the terms of an agreement and automate enforcement, third party involvement may not be necessary anymore.

Blockchain and smart contracts can be a difference maker to organizations. Accenture estimates that investment banks could save $12 billion a year on infrastructure costs by using blockchain and smart contracts.

Not only do smart contracts have the potential to offset intermediary costs, but automation could also improve overall business efficiency leading to better experiences for customers.

Admissibility and enforceability

Perhaps the greatest hurdle for blockchain and smart contracts is regulation. As an emerging technology, blockchain has yet to enjoy widespread legality. General admissibility and enforceability of smart contracts is still a work in progress.

Despite this being the case, smart contracts as technology can readily be used to automate transactions. Businesses could already benefit from the reduced friction in the fulfillment phase of agreements.

Various territories are warming up to blockchain as a technology. Japan has declared bitcoin a legal payment method. Sweden is also testing blockchain for its land registry. In the US, Arizona passed a law recognizing smart contracts and blockchain signatures.

Vermont and New Hampshire are also working on similar legislation.

Platforms like Jincor also help organizations to immediately be able to use smart contracts despite the slower adaptation of regulations. Jincor verifies the identity of individuals and companies that use the platform to ensure that transactions occur between legal entities.

Jincor also lends its own legal expertise to users concerning the use of the service. This way, companies could have confidence in delegating their legal requirements to the platform.

Disrupting legal services

Smart contracts offer much potential as legal and business tools. The ability to transparently note the terms of an agreement and automate fulfillment could significantly streamline business processes.

More importantly, the technology can effectively take over the roles of various intermediaries in transactions leading to faster and cheaper fulfillment.

The technology surely has much potential taking over legal activities such as documentation and contract enforcement. Current and future developments in the technology also promise easier adoption and implementation for businesses.

The participation of blockchain startups and services will also help push mainstream use of smart contracts and allow more organizations especially SMEs to readily enjoy the benefits of the technology.

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Dadster
11 days ago
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Why would anyone use a system that @Potus wouldn't use oh wait.
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How Puerto Rico Can Rebuild And Become The Hong Kong Of The West

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Authored by Benjamin Dierker via The Foundation for Economic Education,

The establishment of an Economic Freedom Zone, would set off an explosion of growth.

After a particularly devastating hurricane season, Puerto Rico has an uncertain future. Already mismanaged and saddled with debt, the island territory now faces the virtually insurmountable task of rebuilding its infrastructure and economy. But amidst the rubble and heartache lies one of the greatest opportunities in the modern era not just to rebuild, but to reimagine the possibilities for economic and political freedom.

Two simple but powerful steps taken by Congress could hasten recovery and redefine the trajectory of the island’s future.

First, the United States should assume all of Puerto Rico’s outstanding bond debt.

 

Second, in exchange for debt assumption, the federal government should establish the island as an Economic Freedom Zone.

Within a year, these reforms would help rebuild Puerto Rico; within a decade, they could rebuild our conception of the free market in the Western Hemisphere.

It is important to note that hurricane destruction has not created economic gain by boosting demand for construction. This broken-window view fundamentally misunderstands the nature of this potential. Nor should this plan come at the expense of traditional disaster relief. Before infrastructure can be rebuilt, urgent human needs must be met with outside aid.

But rather than pursue traditional recovery with an eye toward returning to business as usual, this proposal seeks to fundamentally remake Puerto Rico into a modern and dynamic economy built to match and surpass any on earth.

Puerto Rico's Debt

The first step would wipe the slate clean to rebuild from a neutral position. The assumption of Puerto Rico’s debt would be both a relief effort aimed at freeing the local government’s limited resources and a signal to the world of our intentions to further the cause of freedom. Partly borne of mismanagement and partly of miscalculated federal policies, the territory’s debt can at least partially be attributed to the ambiguity of its relationship to the United States. Despite the political challenge of assuming the debt with a $20 trillion debt already on our books, absorbing the $74 billion debt would pay immediate dividends. Puerto Ricans, our fellow American citizens, would have immediate relief, and the freed cash flow would allow them to focus solely on rebuilding the island's infrastructure.

The federal government’s assumption of a constituent government's debt would follow historical precedent. As part of his First Report on the Public Credit, and later codified by the Funding Act of 1790, Alexander Hamilton proposed the assumption of state debts in order to both strengthen the financial position of the union and that of the individual states – allowing them each to lower their taxes and establish themselves on equal footing at the outset of our nationhood.

Our fledgling nation took on debt equal to 10 percent of our entire domestic product – a massive undertaking brought forth by visionary leaders. This set up the new federal government to be an instantly credible player on the world stage and made the phrase “backed by the full faith and credit of the United States” the closest thing to a guarantee as can be found in global finance more that 200 years later.

By comparison, assumption of Puerto Rico’s debt by the U.S. in 2017 would be a mere 0.4 percent of our more than $19 trillion economy, a greater political consideration than fiscal. As with the states in 18th century America, 21st century Puerto Rico would be in position to lower its taxes and the U.S. would strengthen its ability to back the reborn Puerto Rico.

Economic Freedom

The second step of the proposal is the establishment of an Economic Freedom Zone, which would set off an explosion of growth. The zone would flatten or suspend numerous taxes and regulations, prompting an immediate increase in productivity. The less restricted environment with more available resources would open the doors to investment and real estate development. Velocity of money would increase at the same time as new money is infused and invested into the economy, as relatively wealthier locals combining with aide workers, construction crews, and business investors spend on the island economy.

Suspending or streamlining environmental regulations would allow expedited construction on essential infrastructure projects, and needless economic hindrances like the Jones Act would finally be dissolved. Serving as a case study on microeconomics, the federal minimum wage would be suspended to allow private actors to negotiate their wages during the rebuilding effort. The government would no longer rob the worker of his bargaining power by mandating a price floor on labor.

Taking inspiration from Hong Kong and Singapore, governance from a lean, honest, and efficient local government, combined with openness to international investment and trade, will allow Puerto Rico to capture business that would be regulated away in the States – if they were allowed to get off the ground at all.

Proximity to the mainland provides access to wealth and high skill, while the separation and economic autonomy make it a distinctly productive business zone. The island is situated in the Caribbean Sea with access to multiple markets including developed and emerging economies and established trade routes. Starting from scratch, it could build a high tech integrated electrical grid and modernized ports, and with low taxes and regulations, attract highly skilled technical workers. At every level, innovation would dominate as free enterprise sets the agenda. Puerto Rico would essentially be liberated from the U.S. tax and regulatory burdens but protected by its legal system to secure property rights and thwart corruption, fraud, and cronyism.

With government taking a backseat, free markets would liberate the people of Puerto Rico, restoring dignity alongside material wealth. Allowing local government to make local decisions rather than being subject rules from Washington, D.C. would give control to those who know the island best. Favoring economic freedom to government regulation, resources would go to their highest valued use.

Political Support

This proposal would gather support from both sides of the aisle in Congress. To begin, there is a bipartisan desire to help our fellow citizens in Puerto Rico after the destruction of their economy and infrastructure. Democrats in Congress would rally around debt assumption as relief, while Republicans would be eager to tap the potential of free market reforms. Wrapped up as a hurricane recovery package, the timing is right.

On the mainland, we value the freedom of federalism, which allows different states to have wildly different policies and experiences. Just as states are the laboratories of democracy, Puerto Rico is poised to be a laboratory of both democracy and economic vitality. As the federal government has increasingly encroached on areas that were once the province of the states, much of the policy in America has become homogenized. Reestablishing the primacy of federalism to allow Puerto Rico to pursue low-regulation, fast-growth policies would provide a small-scale proving ground for the county to relearn what made America so successful.

In foreign policy terms, this would extend American exceptionalism and economics toward the Latin American world. With so much misguided focus on socialism and government control, the time has never been more critical to demonstrate the power of the free market and the value of freedom.

Rather than focusing on statehood or representation, this proposal frames Puerto Rico as an economic arena with the only priority being the prosperity of its people. In time, the politics that govern classification can be settled. The autonomy gained from the Economic Freedom Zone would simultaneously allow Puerto Ricans to forge a political identity and remain protected as U.S. citizens. The reforms will lift the citizens out of poverty, help reconcile pension obligations, provide a path for sustainable growth, and encourage local government stewardship that will render many of the statehood challenges moot.

Puerto Rico Could Be the Hong Kong of the West

Puerto Rico would become a magnet for investment with money pouring in from around the globe. As an Economic Freedom Zone, the local workforce would see a drastic rise in standard of living, while highly skilled and competitive human capital would expand economic potential. The unrestrained economic power of these reforms would bolster the political freedom of the island. Not only would Puerto Ricans be free from their current destitution, but they would get a taste of genuine political and economic freedom to truly engage with the world.

Having an economic power center so close to our shores would be a boon to our economy and would make theirs the envy of the world. Tourism, technology, luxury, and more would redefine Puerto Rico.

Puerto Rico is needlessly impoverished, and we have a unique opportunity to reverse course, improving the lives of its residents while also broadcasting the appeal of economic liberty to the world.

By restoring power to its people and unleashing the unbridled force of free market entrepreneurial capitalism, Puerto Rico will become a beacon of freedom and prosperity unparalleled in the Western Hemisphere. The invisible hand is knocking at the door. All it will take is for the federal government to open the door and get out of the way.

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Dadster
13 days ago
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Economic "freedom zones" usually are formed by freeing the land in question of landhholder claims. Moving people out and moving hotels casinos etc in.
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"They Won't Know What Hit Them" Shocking Undercover Footage Exposes Antifa's "Premeditated" Violence

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As if the public needed any more evidence that violence is a central part of Antifa’s mission, conservative comedian Steve Crowder has published footage that he and his producer surreptitiously recorded after infiltrating a local Antifa cell and accompanying it to a protest at the University of Utah.

The shockingly candid footage offers a disturbing glimpse into the innerworkings of Antifa - a loosely organized band of far-left agitators - and the central tenant of violent resistance that encapsulates the group's philosophy. The footage primarily focuses on a transgender woman, the purported leader of a small cell of Antifa protesters, who can be heard telling Crowder's producer that she’s armed with a handgun, and that she expects reinforcements to arrive later with “two AKs”. The organizer can also be heard recommending that Crowder’s producer buy a small blade at a military surplus store and strap it to his ankle “just in case.”

What they show appears to confirm that the group protesters were planning to disrupt a speaking event hosted by conservative commentator and Daily Wire founder Ben Shapiro, whom Antifa has accused of being a nazi despite the fact that he is Jewish. Shapiro's recent appearances at UC Berkeley and other university campuses drew protests, with demonstrators labeling him a “fascist.”

But perhaps the most surprising thing about the footage was the fact that mainstream media reporters AND police essentially told Crowder & Co. to get lost when they shared it with them.

In another shocking excerpt, the Antifa leader – whom Crowder didn’t name because he said he didn’t want to “dox” anybody, though he added that police have confirmed that they have been monitoring her – described a plan to lure right-wing demonstrators to a secluded area where, presumably, they would be attacked by Antifa.

“Plain clothes, hard tactics, I don’t think they’ll know what hit them. Because they’re not prepared for what we’re planning,” the organizer says at one point.

In the video, another unnamed Antifa member who goes by the pseudonym Clark can be heard explaining that the difference between Antifa and other activist groups is a “willingness to respond with violence.”

As we’ve reported time and time again, Antifa protesters have been inciting violence across the country since Trump’s upset victory in November, beginning with protests during Trump’s inauguration that quickly turned violent in destructive.

According to Fox 13 News in Salt Lake City, Crowder published the undercover video Thursday that purports to show far left-wing protesters distributing weapons ahead of the speech. Crowder’s production team presented the video to police moments after it was recorded.

Yet after evaluating the video, the police determined that there was no credible threat.

“Police looked at the video, evaluated other information available to them, and determined the individuals did not pose a credible threat that warranted action,” Nelson told Fox 13 News.

Similarly violent clashes instigated by members of the far-left group erupted on the campus of UC Berkeley in early February, where members of the group hurled Molotov cocktails and attacked “facists” and “nazis” who were attending a speaking event by Milo Yiannopoulos, causing extensive property damage on campus.

While both the mainstream media and more mainstream leftists initially defended the group, public sentiment has soured on the group.

Several media organizations – including the LA Times, Washington Post, the Atlantic, Bloomberg and the Wall Street Journal – have criticized the group’s violent tactics. A month ago, it was reported that the FBI and the Department of Homeland Security classified Antifa as a "domestic terrorist" group in internal communications that described them as "primary instigators of violence at public rallies" going back to at least April 2016 when the reports were first published."

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Dadster
20 days ago
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Seems like (if this is real antifa) that THEY suck at their jobs. Otherwise I call bullshit.
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"This Is Textbook" - Military Officials Defend Trump Administration's Puerto Rico Response

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A steady drumbeat of criticism accusing the White House of not doing enough to hasten the federal government’s relief effort in Puerto Rico has metastasized into yet another political dogfight, as President Trump and the White House respond to an outpouring of outrage from celebrities, politicians and local officials over the administration’s purported inaction over the response.

The backlash to what we imagine the media will soon tag as “Trump’s Katrina” began earlier this week when Hillary Clinton and Marco Rubio urged the president to leverage the full might of the US military to aid the disaster response.

But an emotional plea from San Juan Mayor Carmen Yulin Cruz during a press conference late Friday helped elevate the issue to the forefront of the public’s consciousness, eliciting an avalanche of condemnation from celebrities, Democratic politicians, and basically every group that opposed Trump during the election.

"Hamilton" Writer Lin-Manuel Miranda tweeted that Trump would go "straight to hell" for ignoring the Puerto Rican people.

During her remarks, Cruz – who was standing in front of palates full of water, food and supplies – described the situation in Puerto Rico as something akin to “genocide” before blasting the administration for its allegedly sluggish response to the disaster, drawing a harsh response from Trump, which served only to further elevate the controversy.

The media quickly piled on, with the Washington Post publishing yet another “bombshell” report calling out Trump for choosing to spend last weekend at his golf club in Bedminster, N.J., which the paper alleged contributed to the inadequate disaster response.

But while the backlash to Trump’s remarks has been swift and loud, assessments of the administration’s handling of the response by military officials (people with disaster-recovery experience) have been notably more measured.

Army Lt. Gen. Jeff Buchanan said Friday morning that the Pentagon has 10,000 people helping with the response to Hurricanes Maria and Irma – an unprecedented number. But even that number isn’t enough, he said. Fortunately, the Defense Department is sending more, according to Army Lt. Gen. Jeff Buchanan, who was recently appointed to be the DoD’s liaison with FEMA.  

“We're certainly bringing in more [troops]," Buchanan said on CNN’s “New Day.”

 

"For example, on the military side, we're bringing in both Air Force, Navy, and Army medical capabilities in addition to aircraft, more helicopters. ... [But] it's not enough, and we're bringing more in.”

As the Hill points out, the Pentagon initially sent 4,000 troops to help in rescue and restoration efforts to Puerto Rico and the Virgin Islands, but it wasn’t until Thursday, eight days after Maria slammed the Caribbean, that US Northern Command (Northcom) sent Buchanan. However, at least one administration official quickly pointed out that the early phases of the relief effort had been coordinated by the Navy, and that Buchanan's appointment coincided with FEMA taking the reins of the recovery effort.

However, Tom Bossert, Trump’s homeland security adviser, defended the lag between when the storm hit and when Buchanan was appointed.

 

“It didn’t require a three-star general eight days ago,” Bossert said of the government response.

 

When asked whether it was a mistake to not have Buchanan on the ground in Puerto Rico earlier, Bossert replied, “No, not at all.”

 

“In fact, that doesn’t affect the way that we stage equipment and the way we area command and field operational command. This is textbook and it’s been done well,” Bossert told reporters Thursday at the daily White House press briefing.

Indeed, while the media and Trump’s political opponents have implied that the administration waited until this week to organize a meaningful response to the disaster, in reality, the Pentagon has been steadily increasing its help to Puerto Rico and the Virgin Islands after both were slammed by the two Category 5 storms. The Pentagon began deploying more resources early this week, opening a second airfield at the former Naval Station Roosevelt Roads, preparing the hospital ship USNS Comfort to deploy from Norfolk and establishing a caravan of cargo jets filled with equipment and supplies.

As we’ve reported many times, Hurricane Maria - following just two weeks behind Hurricane Irma, another devastating storm - caused unprecedented damage to Puerto Rico’s infrastructure, destroying roads, devastating power grids, and cutting off communications. With many parts of the island completely cut off from the outside world, it was difficult for the military to assess the true extent of the damage and scale up operations accordingly.

In yet another example of how Trump’s opponents have twisted or ignored facts when spinning a self-serving narrative about the administration’s response, Rubio said Friday on CNN that Trump should put the US military in charge of handling and delivering aid to Puerto Rico – ignoring the fact that, until late this week, the Navy had been supervising the response from the sea.

Poviding a notable counterpoint to Mayor Cruz's criticisms, Puerto Rico Gov. Riccardo Rossello has repeatedly thanked and praised the federal response. In a mid-day tweet, Trump thanked Rossello for his praise.  

Trump praised another Puerto Rican politician, Congresswoman Jennifer Gonzalez-Colon, claiming that she has been "wonderful to deal with"...

...And asked the Puerto Rican people not to pay attention to the "fake news."

In an interview with ABC, an anonymous White House official pointed out the irony in Cruz's remarks: Namely, she's been spending more time speaking to the media than helping out herself.

“She has been invited to FEMA command center several times to see operations and be part of efforts but so far has refused to come, maybe too busy doing TV?"

While criticism has focused on Trump's reluctance to wave the Jones Act and send in the military, the response hasn't foundered for lack of supplies. Already has hundreds of thousands of pounds of food, water and other emergency necessitites stuck in Puerto Rican ports. The problems are related to circumstances on the ground. The country’s devastated roads, and a shortage of truckers to drive the supplies into devastated areas, has arguably been the biggest impediment to the recovery effort.

But perhaps most tellingly of all, former Navy Captain Jerry Hendrix – a veteran of several disaster response efforts who has no connection to the Trump administration – told Bloomberg that he believed criticisms of the administration’s efforts have been unfair.

Hendrix explained that the Pentagon and FEMA weren’t being recognized for their careful preparations for the storms.

TH: So, it seems like everybody has blasted Trump administration's response to the Puerto Rico crisis. Has that criticism been fair?

 

JH: No, I don’t think so. First of all, there was a fair amount of anticipatory action that is not being recognized. Amphibious ships, including the light amphibious carriers Kearsarge and Wasp and the amphibious landing ship dock Oak Hill were at sea and dispatched to Puerto Rico ahead of the hurricane’s impact.

So far, 16 deaths have been recorded on the island in the aftermath of Hurricane Maria, which made landfall a week-and-a-half ago as a category four storm. More than 80% of the island is without power, and about 40% doesn't have access to potable water. Still, roads are being cleared, airports are reopening, and cell service is being restored. Soon, the public's attention will shift to the mainland, as tens of thousands of Puerto Ricans who’ve seen their homes destroyed by the storms flee the island to stay with relatives until they’re ready to return to the island.

For what it’s worth, mayors of cities with large Puerto Rican populations like New York and Orlando say they are working with the federal goernment to accomodate the influx of temporary residents. New York City Mayor Bill De Blasio has said he expects up to 100,000 disaster victims to stay with relatives and friends in NYC alone.

However, the question remains: When their time comes, will they also denounce the federal response to score cheap political points?

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Dadster
20 days ago
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Will be interesting to see what happens next. Some folks 'evacuated' from their homes in NOLA later found them sited in 'economic development areas' meaning they no longer had any claim to their (former) property.
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New "Wu Tang Coin" Raises Money To Buy Martin Shkreli's Copy Of "Once Upon A Time In Shaolin"

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In the latest sign that the market for initial coin offerings has probably peaked, Bloomberg is reporting that a company is planning to launch an ICO with the explicit goal of raising enough money to purchase the only extant copy of “Once Upon A Time In Shaolin”, the rare Wu Tang Clan record and current record holder for most expensive single album ever sold. Martin Shkreli once paid $2 million for the record.

Behold Wu-Tang Coin, the digital token at the heart of a purported ICO whose sole purpose is to raise money to buy and publicly release the Wu-Tang Clan album that convicted fraudster Martin Shkreli once spent $2 million on.

The coin launched Monday, according to its Twitter account, which has a whopping 13 followers. Rare Music Ltd., the company behind the efforts, is seeking to raise $3 million to $4 million, according to a white paper listed on the internet. Because of its decentralized nature, the creators of Wu Tang Coin claimed in a White Paper that an ICO would be able to circumvent legal restrictions barring the owner from publicly releasing the album for commercial purposes until the year 2,103.

The goal of the project is to release the album for free on the internet. The company says coin holders will be compensated with "gifts" to incentize participation.

A straightforward purchase of the album by a music company would be pointless because the album cannot be “commercially exploited” in a reasonable amount of time. Therefore,
we propose to:

1. Raise funds via an ICO and attempt to negotiate a purchase with the album’s current owner.

2. Give Wu-Tang Coin donors to the ICO (i.e. owners of Wu-Tang Coin) gifts to incentivize participation.

3. Release the album on all free and paid streaming music sites after a short amnesty period (six months) designed to give owners of Wu-Tang Coin time to enjoy the album exclusively, before everyone else.

As we reported earlier this month, the ownership of the Wu Tang album is in doubt after Shkreli sold the album on eBay for just over $1 million – about half what he paid for it in late 2015, shortly before being labeled “the most hated man in America” after his former company, Turing Pharmaceuticals, raised the price of Toxoplasmosis drug Daraprim by 5,000%.

After being convicted on three counts of securities and wire fraud after the conclusion of a month-long trial in Brooklyn Federal Court, Shkreli's bail was revoked shortly before the auction ended and he was sent to a notorious federal jail in Brooklyn to await his sentencing in January. Prosecutors asked that his bail be revoked after a published what he described as a satirical post saying he would pay a $5,000 bounty for a strand of Hillary Clinton's hair. It's unclear what will happen with the Wu Tang album.

Read the White Paper in full below:

Wu-Tang+Coin+whitepaper+v1.0.0 by zerohedge on Scribd

 

 

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Dadster
25 days ago
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Suckers.
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Crowd Boos As Entire Cowboys Team, Owner, & G.M. 'Take A Knee' In Arizona

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In an apparent demonstration of unity, the entire Dallas Cowboys team, Cowboys owner and general manager Jerry Jones, as well as executive vice presidents Stephen Jones, Charlotte Anderson and Jerry Jones Jr., all decided to 'take a knee', notably before the national anthem was sung.

Boos were heard from the crowd in Arizona which reportedly included a large number of Dallas fans...

"...as they take a knee collectively, boos can be heard from this sell-out crowd in Arizona..."

As ESPN reports, Jerry Jones and his daughter, Charlotte Jones Anderson, said their players wanted to take a knee as a statement for equality and unity, but also wanted to separate that message from the national anthem.

A little less than an hour before kickoff, Jerry Jones said he respected the players "individually and collectively," but he did not want to get into the political element of the debate.

"We want them to do what's in the best interest of the Dallas Cowboys," Jones said.

 

"That's where the obligation is and again I don't want to get into this area of debate but I do want to emphasize how important it is to me that we respect the sanctity of the flag."

Jones was one of seven NFL owners to donate to Trump's inauguration.

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Dadster
25 days ago
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Think it's more likely owners just don't like Trump telling them what to do.
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