Sentences with phrase «utility token in»

To date, WISeKey has raised $ 4 million in convertible debt for the pre ICO of WISeCoin and is considering a potential total WISeCoin utility token in the range of between $ 50 million to $ 100 million, subject to demand and market conditions.

Picture Facebook with no shareholder, where its net revenue / profits belong to its most important stakeholders — i.e. its users: In such a scenario, Facebook Likes could well have become the most valuable utility token in the world!

Not exact matches

Similar ICOs raised billions of dollars this year, with the organizers in most cases claiming that they were selling «utility tokens» that were not securities.

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.&raquIn 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.&raquin contact with two countries about launching an overseas trading platform for coins that are considered «utility» tokens rather than «securities.»

It's unclear whether the coins are utility tokens or securities that would fall under the SEC's oversight, and many start - ups have barred U.S. residents from officially participating in token sales as a result.

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 typeIn 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 typein February that described four different genres of cryptocurrencies: payment tokens, utility tokens, asset tokens, and hybrid tokens, which bear characteristics of several token types.

«People are sticking to their guns saying these are utility tokens, but they are smart enough to know we are not going to sell any of them in a privy sale to people who aren't accredited investors,» explains Goren.

Covers the purpose of tokens and their two primary values in today's offerings: (1) utility and (2) speculation, as well as what would make a Token a security

Industry veteran Caitlin Long spent much of this year working to get legislation passed in Wyoming that recognized the legitimacy of utility tokens at the state level.

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.

In the years leading up to last fall's boom of interest in crypto, Silver says that he used to be heckled at every conference he spoke at, but that now, «rather than being booed off the stage and being told that everything was a utility token, I was wrong, that I was killing innovation, and that I was this horrible person,» people are actually listeninIn the years leading up to last fall's boom of interest in crypto, Silver says that he used to be heckled at every conference he spoke at, but that now, «rather than being booed off the stage and being told that everything was a utility token, I was wrong, that I was killing innovation, and that I was this horrible person,» people are actually listeninin crypto, Silver says that he used to be heckled at every conference he spoke at, but that now, «rather than being booed off the stage and being told that everything was a utility token, I was wrong, that I was killing innovation, and that I was this horrible person,» people are actually listening.

Even though we are a utility token we have decided to adhere to secrutiy law regulations in the US and Canada.

In contrast, utility tokens are a direct investment into a product or commodity and have a functional use in addition to being simply an investmenIn contrast, utility tokens are a direct investment into a product or commodity and have a functional use in addition to being simply an investmenin addition to being simply an investment.

These utility tokens are issued by companies who will be rendering a specific service in exchange for their specific token.

Fifth, it is difficult to divorce the money and exchange component from «utility tokens,» as app - coins are sometimes called, particularly in the context of a speculative ICO where the token allocation is pre-sold to persons who could not possibly consume them all and are purchasing the coins with the expectation of profit on re-sale.

On the contrary, sophisticated investors are more interested in the financial benefit of equity ownership and only see the Utility token as a bonus.

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.

All told, ICO promoters should exercise caution in Canada when attempting to market a utility token without consideration of securities laws.

In Barhydt's view, a lot of these proposed utility tokens are simply securities dressed up in a new technology's clotheIn Barhydt's view, a lot of these proposed utility tokens are simply securities dressed up in a new technology's clothein a new technology's clothes.

The company announced several key points regarding the functionality of the B2BX utility - token: — Since January 2018, B2BX platform commission can only be paid in tokens.

There are a number of examples in Canadian case law where issuers were attempting to sell «utilities» or something similar to modern day tokens and coins, where the court simply didn't buy the argument.

In other words, classifying a digital asset as a «utility» token instead of a «security» token isn't enough to circumvent the scrutiny of regulators.

Our vision is to reach a point in the near future where utility consumers around the world use the Treon token (TXO) as their currency of choice and preferred payment tool.

New cryptocurrency and digital asset exchange Binex.Trade will be introducing its own utility token that will allow its platform users to share in the revenue generated by crypto trading activities.

The fact that a utility exists is not determinative in determining whether the token is a security.

This stability will go hand in hand with being incorporated in a stable region (Ireland), offering utility tokens that hold real world value, backed by a strong team of professionals in technology and hospitality.

The Company undertakes no obligation that it meets the regulatory assessment of classification as a utility token (as opposed to classification as a security) in any specific region or country.

Velix.ID Ecosystem has its own native VXD utility tokens which will be used to transact identity verification between the stakeholders in the ecosystem.

The U.S. Securities and Exchange Commission (SEC) has taken special interest in ICOs, warning companies that their definition of a «utility token» will come under intense scrutiny by federal regulators.

This leaves investor confidence low and tokens practically valueless in the sense of utility.

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

The app tokens, in turn, offer some kind of utility or future value to the purchaser.

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...

Various legislative and executive bodies in the United States and in other countries may in the future, adopt laws, regulations, guidance, or other actions, which may severely impact the development and growth of the RepuX Protocol and the adoption and utility of the RepuX Tokens.

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.

Pretoria, South Africa — Zabercoin is an innovative and stable real estate utility token providing a new dimension to real estate by utilizing decentralized blockchain technology to transform real estate located in emerging markets into a global cryptocurrency market environment.

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 issuerIn 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 issuerin the future), as an example of how the SEC would view token issuers.

The Origin ecosystem will offer incentives based on the Origin token, an ERC20 utility token on the Ethereum blockchain, described in the Origin white paper.

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

In October 2017 the investment firm announced that it would back a crowdfunding token sale of Dala, a new financial services utility token, on behalf of SA fintech startup Wala.

The token being an utility tokens are allowed in major legislations of the world [except China *].

However, some in the cryptocurrency space resist this idea and cite ICO offerings as «utility tokens» to avoid regulation.

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.

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 company announced several key points regarding the functionality of the B2BX utility - token: — Since January 2018, B2BX platform commission can only be paid in tokens.

«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.

Aeternity's token, Aeon, is used as a utility token to pay transaction fees, as a means of value transfer across the network, and to participate in the proof - of - stake consensus process.

We encourage you to reach out to us to give us your feedback and ideas in the coming months as we refine the utilities of the token.

Focused squarely on the MUN token, a self - described «utility token,» the Munchee Order arguably is the first digital token sale enforcement guidance provided by the SEC after the DAO Report that does not assert that the token seller was engaging in fraud or attempting to perpetrate a scam.