hey i love the idea of this project but i am wondering how you expect to list on a us exchange from the way the SEC has dropped the bomb.and even if you list on foreign exchange US citizen's can still access this coin.and then again will a exchange even except this coin without being registered with the SEC.we need to clear this if no exchange will except the coin it becomes dust in the corner.and no i am not a US citizen but i would like to invest but i need to know where we go from here before i will invest i know you have a good project but hope you understand what i am saying.i personally think that the government metals into cryto world more then they need to but they want all the credit for doing nothing but trying to regulate something that they accually do not own but we will all have big stakes in here if it turns to dust is not good and the ico is comeing very fast and i think we need some guidence on this issue.
Hi, thanks for your interest,
The SEC ruled that some ICOs are selling securitys and therefore must be registered. The Blocklancer Token has far more to offer than a speculative value of a security for an investor. When you hold our Token you help in building and running a platform for Freelancers and Clients to be happy beeing around. The Blocklancer Token (Lancer LNC) is far more than just a simple token with no value. With Blocklancer you're involved in decision making and thus it's a utility token which isn't regulated. Therefor its absolutely no problem to get listed on exchanges. If it would be all Token/Coins (even Bitcoin) wouldn't be allowed to be traded.
Moreover the statement of the SEC was very specific to the DAO. By holding the DAO Token, tokenholders passively benefited from the investments of Slock.it (the company behind the DAO). This means that the DAO Token had absolutely no utility. It was just an investment in a company. The DAO Token was not powering a platform or anything else, therefore it is not a utility token and it is legit to see it as a security.
The Lancer token by all means is a utility token. The purpose of the LNC is to power a new generation of freelancing platforms. The Lancer token is absolutely not compareable with the DAO tokens. You can compare our LNC tokens to Augurs REP, which is also definitely not a security. Many exchanges already said that they are just listing utility tokens and REP is listed on all of them, so there is absolutely no reason to think that LNC will not be listed on exchanges.
Best reagrds,
The Blocklancer Team