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RE: IS FUTURE OF ICO THREATENED BY SECURITY TOKENS? Share your view with us.

in #crypto6 years ago

Good stuff, @focygray and @creativeblue. You have explained well the difference between the two tokens.

I think going forward we will see more of security tokens than utility ones. In fact, you can say that the utility tokens will still operate but strictly as security tokens - this is obvious from what is happening across the globe. Investors losing millions to fraud ICOs and regulatory bodies like the SEC of the USA taking a tough stance on the ICOs. If these are trends to go by, then we will very soon see physical trading principles being applied to the ICO world. That means security tokens are the best equivalents of the physical shares. Maybe, there will be further improvements to the concept of security tokens but that is the general direction in which the crypto-world will progress. And that is good news, to be honest!

So, thanks for sharing this article!

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Im glad @ooivas to learn that you've found this article helpful. @focygray indeed did such a great job preparing it.

I appreciate your valuable comment. Any idea if STEEM in a long run will be still working as a utility token or will they also be forced to follow strict regulations and become a security token?