Given that tokens will be in free circulation and will not be burned in the future, it's possible to guarantee the growth of ACO-tokens cost only if three conditions are met. Only one condition depends from the team, one more from the crypto-currencies market and one more from actions of regulators.
The first condition. The team will be able to attract interesting projects and do so that to invest in these projects through ACO-tokens was profitable and more profitable than through fiat.
The second condition. The crypto-currencies market will develop in the future at the same rapid pace as it did in 2017.
The third condition. SEC will legislatively establish that the token gives the right to participate in the issuer's company by analogy with company shares.
The latter two conditions are suitable for any working project with its own tokens.
In other cases, growth is possible, but it can't be guaranteed.
why SEC ? token is positioned as a utility token and the team does not consider that the token gives any rights to participate in the company
this written in white paper
Ok, let's say that is written in white paper.
However, there is also written that Acorn will build its activities in accordance with the current legislation. And even if it wasn't written, then they would be forced to do so as a legal subject.
Yep..
I tried to answer the question "What can guarantee a growth of tokens?" and formulated necessary conditions.
Why am I sure that sooner or later the token will be given the functions of shares? I'll tell You.
In SEC and in any other regulator, smart guys understand in finances far more than we do. And they are now trying to understand what is a token in general?
What does this digital record in the blockchain mean? Why is it rising in price or falling? In fact, it's simply a record in a digitized distributed database. On the release of a new version of the platform or positive news this entry reacts with growth. And this record reacts to the release of a new version of the platform or positive news with growth. On the contrary, if in a specified period news output doesn't occur the record loses in price.
BUT WHY? What is the practical meaning of this?
I think about it! This is not logical!
It's as if, for example, my inscription in the children's notebook "I love my mommy" traded in the market and grew in days when my mother baked a delicious cake.
And believe me, guys in SEC no less puzzled.
Therefore, I boldly declare that sooner or later tokens equate to shares of companies, because in fact they are perceived by the market in this way.
In WP can be written that anywhere. But when there is an idea and a lot of people finance this idea, they are fair shareholders of the results of this idea. And regulators will come to this conclusion.