Rewards-Based Crowdfunding Consultation
- 1 hr1 hour
- 350 US dollars$350
- Online Session
1-hour rewards-based crowdfunding consultations where we review campaigns by small businesses in order to ensure that the rewards do not cross over into the securities realm. We do this through an analysis under the "risk capital test" which has been adopted by a number of state jurisdictions across the U.S., as well through a general securities analysis designed to determine whether "securities" are actually being offered. A rewards-based crowdfunding is an offer of a "token of appreciation" in exchange for a monetary value from the offeror's supporters. Done right, the reward will not be construed as a security. Done wrong, the business owner runs the risk of violating state and federal securities laws.