Leister

I'm not going to advertise it yet.

I'm not going to advertise a presale per se.

I'm going to create the token.

I'm going to mint the tokens out.

I'm going to tell the people that I'm going to launch said token on a certain date.

On the date that I launch it, I make the tokens available for sale.

That's a secondary market transaction, but it's not because the owner is the one doing the sale.

It's a one level first.

It's not resold.

If the owner issues the tokens in their own contract and then they go buy them and then they sell them, it's now become a secondary market transaction, which circumvents the SEC really easy.

And I agree with that risk because of the way it's worded.

You're, you're making the assumption of ethical behaviors that has not been, it has not been evident in cryptocurrency, at least not to my knowledge.

It has not been.

The other one is an explicit ban on wash trading.

If you don't know what wash trading is,

you'd be surprised to understand that the vast majority of, if not all exchanges are aware about wash trading activities and do nothing about it.

An example of a wash trade.

If you have somebody that you partner with and you say, I want you to buy and sell my token at a high velocity, you're doing it and then increase the price each time that you do a transaction.

So,

You offer it for sale at $0.50.