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      "author": "twitterbot",
      "body": "### ![LydianCoinLtd](https://pbs.twimg.com/profile_images/894604257084796930/7lFnK9-E_normal.jpg) **[Lydian](https://twitter.com/@LydianCoinLtd/status/904762180180029443)** tweeted @ 04 Sep 2017 - 17:44 UTC\n\n> Great research on this, @john_gotts! cc: @LydianCoinLtd @ParisHilton [#BitCoin](https://twitter.com/search?q=%23BitCoin) [#Ethereum](https://twitter.com/search?q=%23Ethereum) [#BlockChain](https://twitter.com/search?q=%23BlockChain) [#CryptoCurrency](https://twitter.com/search?q=%23CryptoCurrency)\n\n[txsrb.org/single-post/20…](https://t.co/pvdM2bwBY4)\n\n\n###### *Disclaimer: I am just a bot trying to be helpful.*",
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      "body": "<html>\n<h1><b><center> In the <a href=https://www.txsrb.org/single-post/2017/09/04/The-Paris-Coin-Got-it-Right>latest blogpost</a> from the Token Exchange Self Regulatory Body, the case is made for why LydianCoin aka Paris Coin will not qualify as a security and is legally tradable. </center></b></h1>\nFrom the LydianCoin Twitter:<blockquote class=\"twitter-tweet\" data-lang=\"en\"><p lang=\"en\" dir=\"ltr\">Great research on this, <a href=\"https://twitter.com/john_gotts\">@john_gotts</a>! cc: <a href=\"https://twitter.com/LydianCoinLtd\">@LydianCoinLtd</a> <a href=\"https://twitter.com/ParisHilton\">@ParisHilton</a> <a href=\"https://twitter.com/hashtag/BitCoin?src=hash\">#BitCoin</a> <a href=\"https://twitter.com/hashtag/Ethereum?src=hash\">#Ethereum</a> <a href=\"https://twitter.com/hashtag/BlockChain?src=hash\">#BlockChain</a> <a href=\"https://twitter.com/hashtag/CryptoCurrency?src=hash\">#CryptoCurrency </a><a href=\"https://t.co/pvdM2bwBY4\">https://t.co/pvdM2bwBY4</a></p> Lydian (@LydianCoinLtd) <a href=\"https://twitter.com/LydianCoinLtd/status/904762180180029443\">September 4, 2017</a></blockquote>\n<center>https://img1.steemit.com/300x800/https://steemitimages.com/DQmYtLczKgEBtRdprMUC4xvkhGt2348cGxXi9qkQXuZ2gYe/paris2.jpg</center>\n&nbsp;\n<p>&nbsp;The Chinese have said there can be no more ICOs. &nbsp;Likely the Chinese will either outlaw all ICOs or force people to lose enough confidence that they flee the companies based in China who did ICOs.<br>\n</p>\n<p>The Russians are considering (i.e. doing) outlawing ICO investment outside of the elite who can understand possible fraud. &nbsp;The Canadians have you study and take a test but I guess only the elite can learn. &nbsp;The Ukraine will decide the fate of ICOs in the next three weeks, according to a recent article. In the U.S. we have the SEC making a decision on the DAO Token at the same time they take down a big exchange, as if to prove at the most convenient time that ICOs represent the Wild West and they need an adult in the room. &nbsp;Indeed, there are a lot of bad characters who are making mistakes that paints everyone in the Crypto Community with that brush. But there is an unexpected shining star in all of this. &nbsp;The&nbsp;LydianCoin, a token offering&nbsp;Paris Hilton&nbsp;recently announced she is supporting, got it right. &nbsp;I will repeat that. &nbsp;In all the confusion as to what is or is not an illegally offered security, the LydianCoin's White Paper clearly shows is not a security. &nbsp;It is a legally tradable token.&nbsp;</p>\n<p>&nbsp;Let me explain why I believe this to be true, and keep in mind the&nbsp;I am not a lawyer nor a financial advisor and these are my opinion only. &nbsp;Do not make financial decisions or any decision based on my stated opinion, ever. <strong>The Howey Test is a litmus test of sorts as to whether a company is a security.</strong><br>\nIn the token offering was there:</p>\n<ul>\n  <li><strong>investment</strong> (did someone put up money)</li>\n  <li><strong>expectation of profit&nbsp;</strong>from the investment (did they expect to sell for more than they paid or to receive dividends or some other financial payment)</li>\n  <li><strong>common enterprise</strong> (did they use the funds to build something or was the enterprise in some way dependent on those funds to create something or for operations outside of marketing, advertising and other costs not associated with or requiring an investment)</li>\n</ul>\n<p>If an offering fails all three then it is a security by this SEC-accepted definition. &nbsp;<br>\n</p>\n<p>In the case of the&nbsp;LydianCoin they clearly state that there should be NO EXPECTATION OF PROFIT for buying or owning the token beyond an ability to trade the token in for future services to be given upon redemption of the&nbsp;LydianCoin/s. &nbsp;<br>\n</p>\n<p>Furthermore, there is NO COMMON ENTERPRISE as they clearly state the proceeds will go to a company that already sees nine-figures in revenue annually and who have an existing product that is for sale, and purchasable with&nbsp;LydianCoins. Therefore only one of the three rules of the Howey Test, investment, exist and it is likely NOT A SECURITY.<br>\n</p>\n<p>I spoke with the founder/CEO of Gravity4, Gurbaksh (pronounced Ger-Bosh) Chahal, who's&nbsp;issuing the token and asked him about his company. &nbsp;He said, \"our technology is being used by Fortune 1000 customers across 19 countries. We're excited to bring a market leading platform to the blockchain community and help grow both ecosystems.\" &nbsp;He said his team&nbsp;worked with attorneys for four months to make sure it was done legally. &nbsp;To take crypto to one trillion and beyond we need a solid foundation of companies who comply with global laws and so I applaud their efforts.<br>\nBravo to&nbsp;Paris,&nbsp;Gurbaksh &amp; Team! &nbsp;This was well thought out and sets a shining example on how to do it right!&nbsp;&nbsp;</p>\n</html>",
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      "body": "<html>\n<h1><b><center> In the <a href=https://www.txsrb.org/single-post/2017/09/04/The-Paris-Coin-Got-it-Right>latest blogpost</a> from the Token Exchange Self Regulatory Body, the case is made for why LydianCoin aka Paris Coin will not qualify as a security and is legally tradable. </center></b></h1>\nFrom the LydianCoin Twitter:<blockquote class=\"twitter-tweet\" data-lang=\"en\"><p lang=\"en\" dir=\"ltr\">Great research on this, <a href=\"https://twitter.com/john_gotts\">@john_gotts</a>! cc: <a href=\"https://twitter.com/LydianCoinLtd\">@LydianCoinLtd</a> <a href=\"https://twitter.com/ParisHilton\">@ParisHilton</a> <a href=\"https://twitter.com/hashtag/BitCoin?src=hash\">#BitCoin</a> <a href=\"https://twitter.com/hashtag/Ethereum?src=hash\">#Ethereum</a> <a href=\"https://twitter.com/hashtag/BlockChain?src=hash\">#BlockChain</a> <a href=\"https://twitter.com/hashtag/CryptoCurrency?src=hash\">#CryptoCurrency </a><a href=\"https://t.co/pvdM2bwBY4\">https://t.co/pvdM2bwBY4</a></p> Lydian (@LydianCoinLtd) <a href=\"https://twitter.com/LydianCoinLtd/status/904762180180029443\">September 4, 2017</a></blockquote>\n<center>https://img1.steemit.com/300x800/https://steemitimages.com/DQmYtLczKgEBtRdprMUC4xvkhGt2348cGxXi9qkQXuZ2gYe/paris2.jpg</center>\n&nbsp;\n<p>&nbsp;The Chinese have said there can be no more ICOs. &nbsp;Likely the Chinese will either outlaw all ICOs or force people to lose enough confidence that they flee the companies based in China who did ICOs.<br>\n</p>\n<p>The Russians are considering (i.e. doing) outlawing ICO investment outside of the elite who can understand possible fraud. &nbsp;The Canadians have you study and take a test but I guess only the elite can learn. &nbsp;The Ukraine will decide the fate of ICOs in the next three weeks, according to a recent article. In the U.S. we have the SEC making a decision on the DAO Token at the same time they take down a big exchange, as if to prove at the most convenient time that ICOs represent the Wild West and they need an adult in the room. &nbsp;Indeed, there are a lot of bad characters who are making mistakes that paints everyone in the Crypto Community with that brush. But there is an unexpected shining star in all of this. &nbsp;The&nbsp;LydianCoin, a token offering&nbsp;Paris Hilton&nbsp;recently announced she is supporting, got it right. &nbsp;I will repeat that. &nbsp;In all the confusion as to what is or is not an illegally offered security, the LydianCoin's White Paper clearly shows is not a security. &nbsp;It is a legally tradable token.&nbsp;</p>\n<p>&nbsp;Let me explain why I believe this to be true, and keep in mind the&nbsp;I am not a lawyer nor a financial advisor and these are my opinion only. &nbsp;Do not make financial decisions or any decision based on my stated opinion, ever. <strong>The Howey Test is a litmus test of sorts as to whether a company is a security.</strong><br>\nIn the token offering was there:</p>\n<ul>\n  <li><strong>investment</strong> (did someone put up money)</li>\n  <li><strong>expectation of profit&nbsp;</strong>from the investment (did they expect to sell for more than they paid or to receive dividends or some other financial payment)</li>\n  <li><strong>common enterprise</strong> (did they use the funds to build something or was the enterprise in some way dependent on those funds to create something or for operations outside of marketing, advertising and other costs not associated with or requiring an investment)</li>\n</ul>\n<p>If an offering fails all three then it is a security by this SEC-accepted definition. &nbsp;<br>\n</p>\n<p>In the case of the&nbsp;LydianCoin they clearly state that there should be NO EXPECTATION OF PROFIT for buying or owning the token beyond an ability to trade the token in for future services to be given upon redemption of the&nbsp;LydianCoin/s. &nbsp;<br>\n</p>\n<p>Furthermore, there is NO COMMON ENTERPRISE as they clearly state the proceeds will go to a company that already sees nine-figures in revenue annually and who have an existing product that is for sale, and purchasable with&nbsp;LydianCoins. Therefore only one of the three rules of the Howey Test, investment, exist and it is likely NOT A SECURITY.<br>\n</p>\n<p>I spoke with the founder/CEO of Gravity4, Gurbaksh (pronounced Ger-Bosh) Chahal, who's&nbsp;issuing the token and asked him about his company. &nbsp;He said, \"our technology is being used by Fortune 1000 customers across 19 countries. We're excited to bring a market leading platform to the blockchain community and help grow both ecosystems.\" &nbsp;He said his team&nbsp;worked with attorneys for four months to make sure it was done legally. &nbsp;To take crypto to one trillion and beyond we need a solid foundation of companies who comply with global laws and so I applaud their efforts.<br>\nBravo to&nbsp;Paris,&nbsp;Gurbaksh &amp; Team! &nbsp;This was well thought out and sets a shining example on how to do it right!&nbsp;&nbsp;</p>\n</html>",
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      "body": "<html>\n<h1><b><center> In the <a href=https://www.txsrb.org/single-post/2017/09/04/The-Paris-Coin-Got-it-Right>latest blogpost</a> from the Token Exchange Self Regulatory Body, the case is made for why LydianCoin aka Paris Coin will not qualify as a security and is legally tradable. </center></b></h1>\nFrom the LydianCoin Twitter:<blockquote class=\"twitter-tweet\" data-lang=\"en\"><p lang=\"en\" dir=\"ltr\">Great research on this, <a href=\"https://twitter.com/john_gotts\">@john_gotts</a>! cc: <a href=\"https://twitter.com/LydianCoinLtd\">@LydianCoinLtd</a> <a href=\"https://twitter.com/ParisHilton\">@ParisHilton</a> <a href=\"https://twitter.com/hashtag/BitCoin?src=hash\">#BitCoin</a> <a href=\"https://twitter.com/hashtag/Ethereum?src=hash\">#Ethereum</a> <a href=\"https://twitter.com/hashtag/BlockChain?src=hash\">#BlockChain</a> <a href=\"https://twitter.com/hashtag/CryptoCurrency?src=hash\">#CryptoCurrency </a><a href=\"https://t.co/pvdM2bwBY4\">https://t.co/pvdM2bwBY4</a></p> Lydian (@LydianCoinLtd) <a href=\"https://twitter.com/LydianCoinLtd/status/904762180180029443\">September 4, 2017</a></blockquote>\n<center>https://img1.steemit.com/300x800/https://steemitimages.com/DQmYtLczKgEBtRdprMUC4xvkhGt2348cGxXi9qkQXuZ2gYe/paris2.jpg</center>\n&nbsp;\n<p>&nbsp;The Chinese have said there can be no more ICOs. &nbsp;Likely the Chinese will either outlaw all ICOs or force people to lose enough confidence that they flee the companies based in China who did ICOs.<br>\n</p>\n<p>The Russians are considering (i.e. doing) outlawing ICO investment outside of the elite who can understand possible fraud. &nbsp;The Canadians have you study and take a test but I guess only the elite can learn. &nbsp;The Ukraine will decide the fate of ICOs in the next three weeks, according to a recent article. In the U.S. we have the SEC making a decision on the DAO Token at the same time they take down a big exchange, as if to prove at the most convenient time that ICOs represent the Wild West and they need an adult in the room. &nbsp;Indeed, there are a lot of bad characters who are making mistakes that paints everyone in the Crypto Community with that brush. But there is an unexpected shining star in all of this. &nbsp;The&nbsp;LydianCoin, a token offering&nbsp;Paris Hilton&nbsp;recently announced she is supporting, got it right. &nbsp;I will repeat that. &nbsp;In all the confusion as to what is or is not an illegally offered security, the LydianCoin's White Paper clearly shows is not a security. &nbsp;It is a legally tradable token.&nbsp;</p>\n<p>&nbsp;Let me explain why I believe this to be true, and keep in mind the&nbsp;I am not a lawyer nor a financial advisor and these are my opinion only. &nbsp;Do not make financial decisions or any decision based on my stated opinion, ever. <strong>The Howey Test is a litmus test of sorts as to whether a company is a security.</strong><br>\nIn the token offering was there:</p>\n<ul>\n  <li><strong>investment</strong> (did someone put up money)</li>\n  <li><strong>expectation of profit&nbsp;</strong>from the investment (did they expect to sell for more than they paid or to receive dividends or some other financial payment)</li>\n  <li><strong>common enterprise</strong> (did they use the funds to build something or was the enterprise in some way dependent on those funds to create something or for operations outside of marketing, advertising and other costs not associated with or requiring an investment)</li>\n</ul>\n<p>If an offering fails all three then it is a security by this SEC-accepted definition. &nbsp;<br>\n</p>\n<p>In the case of the&nbsp;LydianCoin they clearly state that there should be NO EXPECTATION OF PROFIT for buying or owning the token beyond an ability to trade the token in for future services to be given upon redemption of the&nbsp;LydianCoin/s. &nbsp;<br>\n</p>\n<p>Furthermore, there is NO COMMON ENTERPRISE as they clearly state the proceeds will go to a company that already sees nine-figures in revenue annually and who have an existing product that is for sale, and purchasable with&nbsp;LydianCoins. Therefore only one of the three rules of the Howey Test, investment, exist and it is likely NOT A SECURITY.<br>\n</p>\n<p>I spoke with the founder/CEO of Gravity4, Gurbaksh (pronounced Ger-Bosh) Chahal, who's&nbsp;issuing the token and asked him about his company. &nbsp;He said, \"our technology is being used by Fortune 1000 customers across 19 countries. We're excited to bring a market leading platform to the blockchain community and help grow both ecosystems.\" &nbsp;He said his team&nbsp;worked with attorneys for four months to make sure it was done legally. &nbsp;To take crypto to one trillion and beyond we need a solid foundation of companies who comply with global laws and so I applaud their efforts.<br>\nBravo to&nbsp;Paris,&nbsp;Gurbaksh &amp; Team! &nbsp;This was well thought out and sets a shining example on how to do it right!&nbsp;&nbsp;</p>\n</html>",
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      "body": "<html>\n<h1><b><center> In the <a href=https://www.txsrb.org/single-post/2017/09/04/The-Paris-Coin-Got-it-Right>latest blogpost</a> from the Token Exchange Self Regulatory Body, the case is made for why LydianCoin aka Paris Coin will not qualify as a security and is legally tradable. </center></b></h1>\nFrom the LydianCoin Twitter:<blockquote class=\"twitter-tweet\" data-lang=\"en\"><p lang=\"en\" dir=\"ltr\">Great research on this, <a href=\"https://twitter.com/john_gotts\">@john_gotts</a>! cc: <a href=\"https://twitter.com/LydianCoinLtd\">@LydianCoinLtd</a> <a href=\"https://twitter.com/ParisHilton\">@ParisHilton</a> <a href=\"https://twitter.com/hashtag/BitCoin?src=hash\">#BitCoin</a> <a href=\"https://twitter.com/hashtag/Ethereum?src=hash\">#Ethereum</a> <a href=\"https://twitter.com/hashtag/BlockChain?src=hash\">#BlockChain</a> <a href=\"https://twitter.com/hashtag/CryptoCurrency?src=hash\">#CryptoCurrency </a><a href=\"https://t.co/pvdM2bwBY4\">https://t.co/pvdM2bwBY4</a></p> Lydian (@LydianCoinLtd) <a href=\"https://twitter.com/LydianCoinLtd/status/904762180180029443\">September 4, 2017</a></blockquote>\n<center>https://img1.steemit.com/300x800/https://steemitimages.com/DQmYtLczKgEBtRdprMUC4xvkhGt2348cGxXi9qkQXuZ2gYe/paris2.jpg</center>\n&nbsp;\n<p>&nbsp;The Chinese have said there can be no more ICOs. &nbsp;Likely the Chinese will either outlaw all ICOs or force people to lose enough confidence that they flee the companies based in China who did ICOs.<br>\n</p>\n<p>The Russians are considering (i.e. doing) outlawing ICO investment outside of the elite who can understand possible fraud. &nbsp;The Canadians have you study and take a test but I guess only the elite can learn. &nbsp;The Ukraine will decide the fate of ICOs in the next three weeks, according to a recent article. In the U.S. we have the SEC making a decision on the DAO Token at the same time they take down a big exchange, as if to prove at the most convenient time that ICOs represent the Wild West and they need an adult in the room. &nbsp;Indeed, there are a lot of bad characters who are making mistakes that paints everyone in the Crypto Community with that brush. But there is an unexpected shining star in all of this. &nbsp;The&nbsp;LydianCoin, a token offering&nbsp;Paris Hilton&nbsp;recently announced she is supporting, got it right. &nbsp;I will repeat that. &nbsp;In all the confusion as to what is or is not an illegally offered security, the LydianCoin's White Paper clearly shows is not a security. &nbsp;It is a legally tradable token.&nbsp;</p>\n<p>&nbsp;Let me explain why I believe this to be true, and keep in mind the&nbsp;I am not a lawyer nor a financial advisor and these are my opinion only. &nbsp;Do not make financial decisions or any decision based on my stated opinion, ever. <strong>The Howey Test is a litmus test of sorts as to whether a company is a security.</strong><br>\nIn the token offering was there:</p>\n<ul>\n  <li><strong>investment</strong> (did someone put up money)</li>\n  <li><strong>expectation of profit&nbsp;</strong>from the investment (did they expect to sell for more than they paid or to receive dividends or some other financial payment)</li>\n  <li><strong>common enterprise</strong> (did they use the funds to build something or was the enterprise in some way dependent on those funds to create something or for operations outside of marketing, advertising and other costs not associated with or requiring an investment)</li>\n</ul>\n<p>If an offering fails all three then it is a security by this SEC-accepted definition. &nbsp;<br>\n</p>\n<p>In the case of the&nbsp;LydianCoin they clearly state that there should be NO EXPECTATION OF PROFIT for buying or owning the token beyond an ability to trade the token in for future services to be given upon redemption of the&nbsp;LydianCoin/s. &nbsp;<br>\n</p>\n<p>Furthermore, there is NO COMMON ENTERPRISE as they clearly state the proceeds will go to a company that already sees nine-figures in revenue annually and who have an existing product that is for sale, and purchasable with&nbsp;LydianCoins. 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