The GNY Token is a cryptographic utility token that enables its holder to gain digital access rights to a decentralised machine-learning predictive platform for the blockchain. The GNY platform combines cutting-edge machine learning with state-of-the-art algorithms to forecast user behaviour and to provide business, marketing and social-impact solutions that are predictive, adaptive and responsive.
Carey Olsen, led by partner Chris Griffin, acted for the launch. He said: ‘The launch of the GNY Token as one of the first ICOs to utilise Jersey’s formalised ICO regime is another really exciting development for the Island in the cryptocurrency space, and Carey Olsen is delighted to once more be at the forefront of this evolution.
‘It’s important to stress that JFSC consent does not give the GNY Token or gny.io Limited “regulated” status, but it does mandate a set of conditions designed to ensure that gny.io Limited meets specific standards in terms of governance, investor disclosure and AML/CFT compliance. These conditions should give token purchasers a degree of reassurance that may not be available in other jurisdictions.’
