02415nam a22004331i 4500 000706488 CaToSAGE 20240202172226.0 20230109140345.7 m o d cr un||||||||| 230109s2020 enk fo 000 0 eng d NEZPRACOVANÝ IMPORT 9781529619638 : No price (ebook) (OCoLC)1362532878 CaToSAGE eng rda pn CaToSAGE UtOrBLW K4431 .B37 2020 343.032 Barua, S. K. (Samir K.), author. Tezos : governance in the cryptocurrency world / Samir Barua and J.R. Varma. London : Indian Institute of Management, Ahmedabad, 2020. 1 online resource. text txt rdacontent computer c rdamedia online resource cr rdacarrier SAGE business cases The case deals with a governance crisis confronting Arthur and Kathleen Breitman, the founders of Tezos. All developmental activities in Tezos were stalled after the Breitmans lost access to the funds raised through an initial coin offering (ICO) held four months earlier. Moreover, a series of class-action lawsuits in the United States alleged that the USD 230 million ICO was an illegal security offering and demanded compensatory damages besides a refund of the investment. The governance problems arose from a situation in which a not-for-profit entity, Tezos Foundation (TF), and a for-profit entity, Dynamic Ledger Solutions (DLS), were inextricably linked with each other. While TF was registered in Switzerland as a trust, DLS was registered in the US as a company. Although DLS would be the operating entity charged with the responsibility of developing the Tezos network, it had to depend on TF for funds to complete the work before the launch of the network. Description based on XML content. elektronické knihy fd186907 czenas electronic books eczenas Cryptocurrencies Law and legislation Case studies. Varma, J. R. (Jayanth R.), author. SAGE business cases. SAGE Knowledge https://sk.sagepub.com/cases/tezos-governance-in-the-cryptocurrency-world Plný text SBC EB NEPOSILAT EB