First regulated ICO in tbe United States

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Filecoin is seeking to attract sophisticated money managers with a new type of offering. The project, developed by start-up Protocol Labs, said on Wednesday that it will launch its ICO this month on Coinlist, a new platform it created with cooperation from AngelList, a service that connects startups and investors.

"The SEC is very well aware of this whole market and I think they're going to appear at some point and will try to fix it," Juan Benet, the founder of Filecoin, told CNBC.
Rather than making crypto tokens available to anyone, Coinlist is open only to accredited investors -- those making over $200,000 a year or have a net worth of over $1 million -- gating out the less sophisticated investors who tend to drive more volatility. It also uses a new security protocol called SAFT (Simple Agreement for Future Tokens) that was designed to meet existing securities regulations.

http://www.cnbc.com/2017/07/19/filecoin-to-run-first-coinlist-based-ico.html