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Topic: Do utility tokens really exist? (Read 129 times)
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Most of the tokens are in fact utilities, no different from the flying miles or air companies or the reward points of most supermarkets and shops. Securities are an oddity.
Bittrex recently issued a statement claiming that all tokens listed on their exchange are NOT security tokens. I have to disagree, I believe there are very few actual utility tokens out there and I think the SEC is going to really push for fully regulated exchanges from now on (and crack down on ones that are not).
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
Bittrex has announced that for their own safety because if the SEC has seen they are violating the SEC's regulations it would be a big problem for them and it could be the reason of more worst nightmare in our market,if bittrex were about to close due to the SEC's violations you would be dead,all of the users of bittrex are done. What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
Utility tokens do exist for now. But its days are numbered. Once the swapping solutions like STK become ready for use, there will be zero incentive for anybody to hold anything else besides Bitcoin.
Perhaps they will sometime be left without use but I doubt that STK and similar will be the ones to make them of no use.
I bought REDL (Red Lanterns coins) - as I understand this is clear utility tokens.
But really I hope to resale some part of them.
But really I hope to resale some part of them.
Bittrex recently issued a statement claiming that all tokens listed on their exchange are NOT security tokens. I have to disagree, I believe there are very few actual utility tokens out there and I think the SEC is going to really push for fully regulated exchanges from now on (and crack down on ones that are not).
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
There are many more tokens or related projects which use their own tokens as utility token. Few of them are new and old also which I have seen or read about recently. They includes, SCL, JNT, BUZZSHOW, SBD, STEEM POWER, DIME, XFCCOIN and much more. These tokens are being used to earn money and trade them as utility token over the same platform that they are being created for. They are being used as token for buying the football player cards to pay the premium video membership or to exchange other tokens and much more. I think there are many legit projects which have converted their tokens into proper utility coin.
Bittrex are just protecting their users,because if these utility tokens were restricted to their exchange it would be hard for the users,that is why they announced it so that the SEC wont be visiting bittrex and restricting the shit out of them,sec is doing shitty things with their citizens that is why bittrex has claimed that joke.Utility tokens needs to be used in a platform or in a product,clearly there are hundreds listed in bittrex,.
Because of the influence of the rules applied in the US so it says it like that. All coins that have been released in the markets are safe.
Utility tokens do exist for now. But its days are numbered. Once the swapping solutions like STK become ready for use, there will be zero incentive for anybody to hold anything else besides Bitcoin.
I'm sure there are, and who has a work plan that is run to gain profit and developed as a means of exchange to meet the demand, and who holds the token I'm sure are the investors because it is considered token security. 
Utility token do exist and the ones that have a developed platform with users and demand like you see with the utility tokens developed as a tool for the exchanges perform quite well.
Bittrex recently issued a statement claiming that all tokens listed on their exchange are NOT security tokens. I have to disagree, I believe there are very few actual utility tokens out there and I think the SEC is going to really push for fully regulated exchanges from now on (and crack down on ones that are not).
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
I do believe that all coins/tokens should be seen as securities rather than utilities because main goal of most people if not all is to get in now and sell it in the future for the profit. Of course this game is tighten for exchanges to operate when more regulation is coming, this is why I do believe that we are going to see slowly switch between CEX into DEX exchanges because people want freedom while trading.
Bittrex recently issued a statement claiming that all tokens listed on their exchange are NOT security tokens. I have to disagree, I believe there are very few actual utility tokens out there and I think the SEC is going to really push for fully regulated exchanges from now on (and crack down on ones that are not).
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
Utility tokens means if that will be used to use the platform. I thought that if that was not only becomes a security to the investors by invested their money to the icos. The majority of dividend tokens can be considered as security token because the dividend token doesn't give any advantage by hold its token. But I just think if that looks like a token that can be used in the platform. Bittrex will try to follow all of SEC regulation. What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
Since the Bittrex transaction was in the United States, they were restricted by U.S. law.
Well, now that the SEC of the United States is still not optimistic about the cryptocurrency market's regulation, then they may make such remarks to protect investors.
Well, now that the SEC of the United States is still not optimistic about the cryptocurrency market's regulation, then they may make such remarks to protect investors.
I think this is a bullshit and majority of tokens are security tokens.
Have you heard about Howey Test? This is a list of 4 questions intended to determine,whether it is a utility or security token. And in a court SEC will apply exactly Howey Test.
Have you heard about Howey Test? This is a list of 4 questions intended to determine,whether it is a utility or security token. And in a court SEC will apply exactly Howey Test.
Bittrex maybe trying to protect their organization
But utility tokens such and do exist
You need not worry about that
And either it exists or not
Focus is make money from altcoins
But utility tokens such and do exist
You need not worry about that
And either it exists or not
Focus is make money from altcoins
Bittrex recently issued a statement claiming that all tokens listed on their exchange are NOT security tokens. I have to disagree, I believe there are very few actual utility tokens out there and I think the SEC is going to really push for fully regulated exchanges from now on (and crack down on ones that are not).
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
What are your thoughts on this?
What are some examples of real utility tokens?
Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/
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