Blockmason is dedicated to providing world-class decentralized programs on the Blockchain.
Our mission is to enrich the dapp ecosystem with secure and functional apps that are both immediately usable and possess the capacity to fundamentally transform our daily lives. Not only has Blockmason attracted partners such as Ethereum co-founder Anthony Di Iorio and blockchain reporting legend Richard Kastelein, developed a one-of-a-kind protocol that provides a standardized, secure and reliable method for recording and storing double-confirmed obligations on the blockchain, and deployed a working product, it has also positioned itself as a company fully aware of the developing legal landscape around blockchain ICOs.
On December 19, 2017, Blockmason legal counsel Stephen Galebach responded to questions from a securities law partner of a major international law firm, in light of the SEC’s order in regards to Munchee Inc. on December 11, 2017, and the statement of SEC Chairman Jay Clayton on the same date.
Mr. Galebach’s response was a supplement to his opinion letter of August 14, 2017 about the US securities laws and the Blockmason Credit Protocol Tokens (BCPTs). Blockmason published Mr. Galebach’s August 14 opinion letter, and we are publishing his December 19 supplement to that opinion letter. Please understand that neither letter is legal advice to other parties than Blockmason; they are published only a matter of general interest and information.