11th July 2019 is a groundbreaking day in the history of the U.S. decentralization as Blockstack PBC’s upcoming token offering, Stacks (STX) has been qualified by the SEC under Regulation A+. This means under Regulation A+, the general public or the U.S. citizens can also participate in this token sale, rather than it being restricted to the accredited investors, as it was before under Regulation D. This is a huge step towards the future of tokenization, making it more transparent and secure at the same time.
As per the Regulation A+ framework, a total of 180,333,333 tokens will be sold in three allotments. The Blockstack token sale will start on Thursday, July 11th at 11:00 am Eastern Daylight Time and are open to the general masses, with a subtle amount of geographical restrictions. The sale will happen on a first come first serve basis with the order of arrival being determined by the order in which payments arrive.
Check here to know how to participate in this token offering -