Sentences with phrase «utility token for»

Utility Token For Ethereum Blockchain To Drive Open Technology For Digital Advertising.

The BRD token is a utility token for the platform, offering users discounts for select premium services.

The sale of the DATA utility token for use in DataBroker DAO is well thought out and well - constructed.

«BAT is a utility token for a new, blockchain - based digital advertising and services platform.

The Nauticus Coin is intended for marketing and sale to participants as a utility token for the development of and future use of the above - mentioned solutions.

Publishers, dApp developers, advertisers, end users and other ecosystem participants will use Papyrus Ethereum - based tokens as a utility tokens for:

Not exact matches

With the expansion, Circle is laying the groundwork for a day when cryptocurrencies become pervasive, prices grow less volatile, and the utility of digital tokens goes undisputed.

In addition to launching the digital coin - trading platform, Byrne said he is in contact with two countries about launching an overseas trading platform for coins that are considered «utility» tokens rather than «securities.»

Many companies have shied away from the ICO designation, opting instead for «utility ICO» or «token generation event» as to distance themselves from the regulated world of securities.

As the cryptocurrency market expands, it will be critical for regulators to distinguish between virtual currencies and utility tokens.

Regardless, it's important to realize that these digital assets (whether they be security tokens or utility tokens) are frequently designed and promoted for use on platforms that are still under development.

And on Twitter, Sanchez seconded that sentiment, saying, «OpenBazaar is supposed to be a free and open protocol for trade using cryptocurrency, a way for currencies and tokens to gain meaningful economic utility to acquire goods and service, and an entry point for people to earn and onboard.»

(1) True Utility and Function - the CTK token is used for payments to blockchain miners who process crypto - algorithms to verify user access and security authentication functions when customers use the Cryptk platform.

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.

tokeny connects Investors with selected blockchain Companies via successful, secure and sustainable ICOs for utility and security tokens.

There should therefore be a strong demand for the decentralized token created produced by its utility value to increase the value of your product or service.

An issuer selling tokens in an ICO to Canadians would certainly have its work cut out for it in attempting to argue it was in fact selling utilities, commodities or licenses to use some sort of yet - to - be developed platform.

«Most of the companies over the past eighteen months that have been creating these ICOs have been trying to pitch themselves as, what I would call, utility tokens, which means they're not subject to normal SEC registration or the normal rules that your investments would have to go through if they listed at AngelList for example,» said Barhydt.

We also have a fast path established for FLIP utility — the FLIP token will be added as a payment method on Gameflip.com.

The ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.

Consequently, utility tokens offer investors greater potential for long term growth and less market volatility compared to the more common security tokens.

Treon's business - to - consumer vision is to capture a considerable share of» Digital Payment for Gas Utilities» bull market through its Utilities Wallet and TXO tokens.

For example, a «utility» token isn't free from federal laws just because its founders say it doesn't classify as a security.

The Rock Token (RKT) is the currency of choice for transactions, listings and a multitude of functions, serving as the medium of exchange and the utility coin that powers the GBX - GSX ecosystem.

Until the SEC delivers on - point guidance through rule - making, no action letters, interpretative releases, or more, no one can say for certain that utility tokens are not securities.

The Company has performed a detailed regulatory assessment of CTK token utility for most major international jurisdictions (see Section 3.7 - Regulatory Assessment of CTK Ututility for most major international jurisdictions (see Section 3.7 - Regulatory Assessment of CTK UtilityUtility).

Utility Tokens can only give you access to services on the platforms for which they were developed.

Beyond being a stand - in for money, other tokens and coins are used for their utility, like smart contracts on the Ethereum network.

Binance has its own utility token — BNB — and the exchange operator has announced that it has begun development on its own public blockchain, which will be used as the foundation for a decentralized exchange (DEX).

For those unfamiliar, ERC20 is a technical protocol developers can use to create utility - based tokens on the Ethereum network.

In a watershed moment for United States blockchain and cryptocurrency law, Wyoming's House of Representatives unanimously voted «aye» to pass two blockchain bills — HB 70 the «utility token bill» and HB 19 the «bitcoin bill» — sending...

For example, a security breach that affects RepuX Token holder or user confidence in ETH may affect the industry as a whole and may also cause the utility of the RepuX Tokens and other blockchain assets to be uncertain.

With the expansion, Circle is laying the groundwork for a day when cryptocurrencies become pervasive, prices grow less volatile, and the utility of digital tokens goes undisputed.

The token looks like security and is security (not utility) making it quite dangerous for buyers

In fact, many see the Munchee administrative order, which determined the issuer had sold unregistered securities (even though the token was to be used for utility on a platform in the future), as an example of how the SEC would view token issuers.

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.

Through this legislation, lawmakers hope to carve out space for tech developers involved in the creation of what are known as «utility tokens.»

The exemption would be directed at those utility tokens which are not marketed or promoted as investments and are able to be exchanged for goods and services.

Data provided by independent ICO database ICO Drops shows that the VC firm raised almost $ 1.2 - million for a crowdfunding token sale of Dala, a new financial services utility token built on the Ethereum blockchain.

US investors can now join their Token Sale — they can buy LAT as a utility token to support transactions at the LAT platform, for example pay for asset tokenizaToken Sale — they can buy LAT as a utility token to support transactions at the LAT platform, for example pay for asset tokenizatoken to support transactions at the LAT platform, for example pay for asset tokenization.

It is clear that the SEC is going to do an enforcement action against a number of Initial Coin Offerings (ICOs), and the people who are selling utility tokens to investors for Bitcoin or Ether cryptocurrencies.

GES tokens are a form of utility tokens made for the GES Initial Coin Offering (ICO), also called Crowdsale, and in order to purchase them Ethers are needed.

The support of BAT within Uphold's Tier 3 reserve speaks to the growing popularity and demand for a central wallet to hold and convert multiple forms of value, including utility tokens such as BAT.

The Israel Securities Authority is recommending lenient regulations for initial coin offerings, including a clear definition of what separates a so - called «utility token» from a security.

The company's proposed bifurcated ICO (utility and equity token) is intended to be an example for others.

So utility tokens, not tokens that could classify as securities or derivatives, could someday blaze a legal trail for democratic ICOs.

«Utility tokens and assets with a working platform and a clear - cut reason for requiring both a blockchain and their own token, are more likely to appreciate in value this year.

«The ANK is a utility token, used for commissions, for datafeeds, professional technical charting software, webinars, financial education materials and also membership for those who wish,» Ankorus CEO John Cruz told Bitcoin Magazine.