In a landmark embrace of technological innovation, the US Securities and Exchange Commission (SEC) has announced that it will issue its own cryptocurrency – HoweyCoin – through an initial coin offering (ICO).
Okay, that’s not actually true, but the agency has constructed a clever campaign intended to teach investors how to identify ICO scams – and troll the fraudsters who continue to operate them.
The SEC unveiled HoweyCoin in a statement titled “The SEC Has an Opportunity You Won’t Want to Miss: Act Now!,” and the token sale documents promise that the coin will leverage blockchain technology to revolutionize the travel industry.
The SEC Has an Opportunity You Won’t Want to Miss: Act Now: https://www.sec.gov/news/press-release/2018-88
“We anticipate OVER 1% daily returns, with DOUBLE 2% returns on Tier 1 investors in pre-ICO stage secured purchases. The average registered coin return over a two month period in 2017 was an amazing 72%. Based on market conditions, including record-setting prospects in both the digital asset and travel industries, we expect surpassing that BEFORE the Tier 2 offering closes.
HODL! We also forecast a minimum growth rate of between 7% to 15% annualized, making HoweyCoins attractive for long-term investment. In addition, HoweyCoins can serve as a GUARANTEED hedge against inflation and market loss.”