American CryptoFed DAO Files with the SEC to Be a Public Company

American CryptoFed DAO (CryptoFed) filed Form 10 and Form S-1 this week with the United States Securities and Exchange Commission (SEC) to register Locke and Ducat tokens issued on the CryptoFed blockchain, a sisterchain of the energy efficient EOS protocol. While Form S-1 will not become effective until SEC's declaration, Form 10 becomes effective automatically in 60 days subjecting CryptoFed to SEC's periodic reporting requirements and making CryptoFed the first legally recognized DAO in the USA as well as the first public DAO in the world.
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