BUS 35 — The Business Basics of Blockchain, Crypto Currencies, and Tokens
Course Format: On-campus
Duration: 8 weeks
Date(s): Sep 25—Nov 13
Time: 7:00—9:00 pm
Drop Deadline: Oct 8
Instructor(s): Roger Royse
Sep 25—Nov 13
This course will teach students how to tokenize their existing business or create a new tokenized business and launch an ICO (initial coin offering). We will examine real-life business models being developed in this emerging field and examine the economics behind tokenization of businesses, including financial services, supply chain, Hyperledger, medical, social media, security, storage, and many other markets. We will focus on the economics and business models required of a white paper in this industry, discuss market standards, and examine the regulatory constraints on raising money and creating financial markets with tokens and crypto. The course will cover economics, marketing, antimoney laundering, legal and regulatory compliance, the tax aspects of token sales and pre-sales, and Know Your Customer (KYC). You will also learn how such products are currently viewed by the Securities and Exchange Commission, the Financial Crimes Enforcement Network (FinCEN), the Commodity Futures Trading Commission (CFTC), the Internal Revenue Service, and other agencies. Upon conclusion of this course, students will have an overview of how to create a tokenized business and launch an ICO.
Roger Royse, Founder, Royse Law FirmRoger Royse advises technology startups on complex tax structuring, high-stakes business negotiations, and large international financial transactions. He has worked with prominent San Francisco Bay Area law firms and Milbank, Tweed, Hadley & McCloy in New York. He is the author of Dead on Arrival: How to Avoid the Legal Mistakes That Could Kill Your Start-Up and teaches corporate tax at Golden Gate University School of Law. He received an LLM from NYU.
Textbooks for this course:
There are no required textbooks; however, some fee-based online readings may be assigned.