All holders of the PlayMarket Token (PMT) automatically become co-owners of the platform-based PlayMarket Fund (PMF). The fund receives 5% of the issued tokens of mobile apps placed via the platform. PMT owners have the opportunity to trade them on the PlayMarket Exchange (PEX), or hold them for receiving dividend income.Also owners can trade PMT on third-party exchanges.
Trading of the PlayMarket 2.0 token will be launched after the end of the ICO.
So this will be defined as a security in the US and Singapore?
that's a good observation. it might be considered as a security.
But, security is a very touchy topic, and the more secure something is made, the more eyes are on it from those who want to bring it down... Which means.. the dev team will have to be sure about there coding & technology so those kind of people are demotivated to bring it down...
And I would be choosing the dividend over cashing out anyhow.
I'm convinced that hodling on to the tokens make the coin strong and builds trust towards the development team. Fast dumpers bring such projects out of balance.
What the heck are you babbling about, webwakko? A security is a tradeable financial asset. If you run an ICO you don't want your tokens to be securities because then you get into trouble with American regulators.
Indeed this is a security!
This will exclude a lot of potential investors. You ever thought about that?
It looks like its a security in relation with the "dividend" word highlighted above.