Startengine is terrible and I would not recommend them to anyone. I tried to use them myself, and they made me waste 2 months of my time + $6k in lawyer fees.
The company hires interns for nothing and make them do all the work. These kids don’t know what they are doing. I paid $5k to startengine for their help and it was a complete waste of cash.
Anyway, I spent over 2 months following all their procedures and getting my lawyer to draft all the required documents from startengine. We are completely done after those 2 months, and then startengine’s compliance team says they will not be accepting my company’s STO on their website.
My company is a profit-sharing cryptocurrency mining company and they refused to let my company have an STO under Reg CF because their lawyers believe that BTC and ETH are securities. They believe we will be mining securities so that makes our company an investment fund company.
I tried explaining to them multiple times that the SEC chairman has said BTC and ETH are not securities and are considered currencies. I never got a reply back from them.
They are the worst and they have absolutely no professionalism or care for their customers. They barely have legit investors on their site either. Most of the STO’s are raising $0.
Startengine is a complete ripoff and I do not recommend them. Their policies are terrible, they hire college interns who do not know SHIT and they do not give a fuck about you.