Excitement About Lydian Lion ICO (Initial Coin Offering) - Coinspeaker

Lydian, Coin is an energy token engineered to meet the digital marketing needs of the crypto and blockchain area. Lydian, Coin (LDN), will offer crypto- and blockchain ventures with cutting-edge digital marketing services, already used by Fortune 1000 companies and luxury brand names worldwide. Using Lydian, Coin, these ventures can reach beyond the known universe of existing crypto-investors and recognize and engage brand-new, particularly targeted investors and consumers.

With extra reporting by Clare O'Connor and Jonathan Ponciano On September 3rd, hotel heiress Paris Hilton tweeted to her 16 million-plus fans that she was "eagerly anticipating taking part in the brand-new @Lydian, Coin, Ltd Token," noting in a hashtag: #This, Is, Not, An, Ad. It was a high-profile reference for the Signapore-based Lydian, Coin Pte.

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The endorsement was a benefit for the obscure company-- a minimum of until Hilton deleted her tweet a few weeks later. (After publication, a Hilton representative said she is no longer included with Lydian.) While a $100 million preliminary coin offering is almost run-of-the-mill nowadays, the Lydian, Coin ICO is notable for both what it hadhigh-power celebrity endorsementand what it lacks.

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And, like numerous tokens going into the marketplace, Lydian, Coin deals with unpredictability around which types of tokens the Securities and Exchange Commission may rule to be securities, and thus based on a raft of SEC guidelines. Even more complicating matters are the continuous legal problems dealing with the head of Gravity4 and Lydian, Coin, Gurbasksh Chahal an Indian-American Horatio Alger who offered his first company at age 18 for $40 million (or perhaps $25 million).

Now, he not only deals with possible prison time for violating probation after supposedly kicking another woman but he is also being taken legal action against by at least four former employees for harassment and discrimination. 3 of those suits name Gravity4 as a co-defendant, citing harassment in the work environment. Chahal has called the allegations versus him "unwarranted" and "pointless."  Need More Info?  into crypto properties with or without Hilton's tweeted recommendation is part of a brand-new digital gold rush, in which separating real business from rip-offs and get-rich-quick plans can be increasingly hard.