Sentences with phrase «issue utility tokens»

The company will issue utility tokens called SPIN Tokens, which will provide access to the SPIN Data Protection Platform that will include a set of data loss and leak protection solutions exclusively available for token holders.
The ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.

Not exact matches

In July, the Securities and Exchange Commission warned investors about «improper» ICO schemes and issued rules on how startups can decide whether or not they are selling securities or utility tokens.
In a notable counterpoint to this narrative, FINMA, a financial regulatory body serving Switzerland (not a G20 member), issued guidelines in February that described four different genres of cryptocurrencies: payment tokens, utility tokens, asset tokens, and hybrid tokens, which bear characteristics of several token types.
This feature allows you to issue tokens for various utility uses such as rewards or event tickets, but also for things like shares or equity in traditional assets, startups, venture funds, and even real estate.
These utility tokens are issued by companies who will be rendering a specific service in exchange for their specific token.
The Paytomat Ecosystem will operate using three cryptos: PTI, a utility Waves - token issued for the purpose of the token sale; PTM, a coin based on its own blockchain; and PTX, a non-tradable token built on top of PTM and used to get loyalty rewards from merchants.
Consequently, since the SEC report was issued, well - organized ICOs typically have highlighted the utility function of the tokens, rather than investment opportunities — and have required U.S. participants to meet qualified investor requirements.
Depending on Amazon's interests (and on the way that the various regulatory issues with cryptocurrencies and utility tokens get resolved), there are various types of token that they could consider when architecting the AMZN Ttoken that they could consider when architecting the AMZN TokenToken.
Globitex is holding a token sale, to be issued on the Ethereum blockchain, for its GBX utility token to fund the scaling of its existing exchange infrastructure into a commodities spot and derivatives exchange for bitcoin.
«But the law covers much more than merely the issuing of cryptocurrencies and utility tokens.
The token sale aims to crowdfund more than $ 30 - million over four weeks and will issue participants with a share of 300 million Dala utility tokens.
I've been at a few events recently where people talk about the «market cap (italisation)» of utility tokens issued in ICOs, and comparing them to the market cap of cryptocurrencies or (even worse) listed companies.
A key element that contributed to the failure of these projects is the lack of real fundamentals or «tokenomics» as there's a mismatch between the planned utility of the issued tokens and its application in its projects within real - world usage parameters.
The Dala token sale will look to crowdfund US$ 30M and issue participants with their share of 300 million Dala utility tokens.
The GBX utility token will be issued on the Ethereum blockchain.
The SEC just issued another warning over Initial Coin Offerings (ICOs) but the test of a utility versus a security token is still...
As part of that journey, Wala is the launch partner for a new financial services utility token, Dala, which will be sold and issued in a crowdfunding token sale this November and December.
A digital asset or token is issued for a specific purpose with platform utility in mind.
The U.S is the number one investor economy in the world, (source: unctad), and yet so few companies are confident enough in the utility of their issued tokens to take a firm stance and welcome U.S contributions into their public crowd sales.
The success of an ICO naturally boils down to the perceived utility of the token being issued.
Other than dividend payments, Binary.com tokens can also be converted into ordinary shares ---- unlike the utility tokens that are issued in a majority of ICOs.
For issuing and exchanging GLX for fiat currency, GCP Utility Tokens are needed.
For that purpose, the company issues utility BCharity Tokens (CHAR), which are smart contracts based on Ethereum.
Most crypto companies are a utility or app tokens and have no tangible ownership... but Corl is the first company in the world to issue 100 % of its equity ownership as a digital token.
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