Secondary Market
Are CRTs cryptocurrency?
No, CRTs are a digital token but not a cryptocurrency.
They are a digital representation of an investor's share in a YouTube channel's future AdSense revenue. CRTs facilitate blockchain-based distribution of revenue using the USDC stablecoin or directly to a bank account. They also grant access to the Channel’s GigaStar Discord and other potential benefits.
GigaStar has received approval from the SEC to create a secondary market for CRTs, allowing investors to sell their revenue-sharing interests. The value of CRTs depends primarily on the underlying revenue interests and can fluctuate based on the channel's performance and external market factors.
Related terms
Channel Revenue Token (CRT)
A digital asset that represents a percentage of a YouTube channel’s future revenue. A CRT becomes tradable in the secondary market after a 12-month holding period from its initial purchase.
Tokenization
The process of representing a financial interest as a digital security. CRTs are tokenized securities regulated by the SEC—they are NOT cryptocurrency.
SEC Regulation CF
SEC Regulation Crowdfunding (Regulation CF) is the federal securities framework that allows companies like GigaStar to offer CRTs to both accredited and non-accredited Investors, up to $5M annually.
SEC
The U.S. Securities and Exchange Commission. The federal agency regulating securities markets, including GigaStar's CRT offerings under Regulation Crowdfunding.