Post
Topic
Board Announcements (Altcoins)
Re: [ANN] ION [ION] | ICO LIVE | PoS 3.0 | Mobile Gaming | Join the ionomy today!
by
korvas128
on 13/11/2016, 13:00:51 UTC
What do you mean the top 2 guys expect rewards don't you think it's 100% of the people that own atoms expect a return for ownership

yes obviously and anyone else saying otherwise is lying. but your ionomy dev team disagrees and said its a loyalty program only. a weak attempt at skirting around securities laws
Aren't loyalty rewards themselves for stores treated as such and not securities on the very fact you can't transfer / sell / donate etc to other people they are loyalty rewards to yourself and yourself only to be used on future purchases?

If ionomy dev was serious in that they are a loyalty program "only" then should they not shut their atom / electron whatever market down as you can't "sell" or "trade" loyalty tokens?

Did the devs say it was part of a loyalty program ? Interesting point though what would you class an atom as.

An atom is something you can buy & sell. An Atom produces a daily supply of electrons. At the moment electrons can be used for boosting a staker or ingame to purchase stuff.

100K Atoms were created and that's it no more. Atoms were once XPYBits and XPYBits were created fund to XPY.io development.

If I sell you an Atom am I also selling a chunk of loyalty

So what is an Atom ? I don't know what you would class it as does but I know owning one delivers tangible benefits.