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 T
token 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.