Topic: Security Token or Utility Token? - page 2. (Read 300 times)
I would choose utility token because it provide us future access to their service or products. and also its less requiring KYC which most of hates it.
I prefer Utility token not only it has less issue on ID verification and taxation, but in my opinion Utility token has a real use case, and it will make utility has higher demand than Security token. But I also think that Security token promise more profit than Utility token.
Based on the needs of the user they may choose depending on their needs if Utility or Security they value as it differs from person to person.
So far iron and steel are commodities with smooth trading, as far Blockchain is concerned it is still in it's earlly phases and it'll take time before we know for sure what commodities are reliable trading
Security tokens would be common in crypto one day upon the implementation of regulation for the cryptocurrencies. When this happen its easier for anyone to invest and they wouldn't have to worry if they get scammed like what is happening these days. Utility tokens may be a thing of the past once newer platforms besides Ethereum is going to be widely used after all we all want lesser transaction fee if not free.
Both of the tokens have some certain and unique charecteristics. Those who value security and profit should go for Security tokens. On the other hand, those who like less regulation and less taxation should go for Utility tokens.
They both come with their own sets of pros and cons. Which one do you support?
i think we will see a lot of security tokens on the market and their behavior, i can not tell now which is better but also we already see that utility tokens are not using as it was expected, it using only for speculations coz speculative part of the market is still the biggest one today.
If I have to choose one,I prefer utility tokens. Because they have less problems. I think that's the smart way to handle things.
They both come with their own sets of pros and cons. Which one do you support?
So basically you ask which one do you prefer in real world: property or stocks
those two are alike as much as your OP question imho
My opinion: not always easy to tell the difference between these two types of tokens for a beginner, but in short, a utility token offers the user to use products or services through this token, while a security token only entitles one part of the company, much like stock market shares.
If you do not know which category your token is in, just do Howey test.
If you do not know which category your token is in, just do Howey test.
Security Token this is the future, Utility Token this past and present. Ico 90% scam, therefore, the market will change.
Security tokens tend to attract the attention of the SEC by way of regulations. Personally, I'm for securities as it gives token holders a chance of being shareholders of the company/project rather than utility tokens that makes you just a mere holder.
Utility tokens can be just one directional area and might not really be a considering factor with sec but security tokens can be a factor. And more investment seem to be on that and the exchanges.
Security tokens, because they have much more prospects today: SEC is interested in cryptocurrencies, huge investment funds with REAL coins, not futures (BAKKT), will soon appear. IMHO, utility tokens will have to become partly security.
Without this, it will sink into oblivion.
Without this, it will sink into oblivion.
I know security tokens require more regulation and taxation etc but if you ask me im in favor of security tokens, it is not just for me, to move forward and adoption and also for competing the stocks, we need to get uniform regulation for security tokens globally and then even traditional businesses can tokenize their business for funding and everyone can become share holder.
If I have to choose, I prefer utility tokens because they have less problems for KYC and taxation generally. Security tokens have more regulation problems in many countries.
They both come with their own sets of pros and cons. Which one do you support?
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