Rofl at clueless reddit idiots. Here customer support in an email clearly states that ICN represents ownership and that you will get voting rights
"Its different in the way that holding ICN indicates that you believe that the company itself will succeed." I then sent another email, asking what the fuck that even means. The email i got back was from Gregor K. And he states "the profits (in accordance with profit distribution policy) and fees go to buybacks and if you hold ICN tokens you get this "profits". ICN token also represents ownership of the company and will give you voting rights in the future."
Then the reddit user says this:
Youre right, in the AMA u/jani8x states the assets would be shared with ICN holders if the company were to close. Effectively meaning we are all part owners/share holders. And then in that exact same thread u/jani8x states the ICN tokens will be given a ulitity. A token cannot simultaneously be used a share and also a utility inside the platform, that makes no sense.
Do people even read what they write? OF COURSE a token can have utility AND be a share. Just like ETH represents a share of the network utilization and speculation it is also a utility token. LEGALLY they cannot say this but ETH is a security just like ICN is BUT people that dont understand the unwritten law of cryptomarkets are fools and try to compare crypto to traditional markets.
ICN = ownership of platform + voting rights + buybacks + utility == Overkill demand
We have hedge funds willing to poor in 200m+ into ICNX,ICNP