Pillar isn't a security. There is no reason why a person from the USA can not buy it. I asked the team for a comment awhile back it is on this thread.
Is ICO time only 60 days?
Is not that a short time?
Why are you so sure of that short time?
Yes, the ICO will last 60 hours.
Is this an intention to fuel FOMO sentiment?
560,000,000 tokens available to the public, each cost $0.10 totaling $56 mil.
Do you really need that much money to build something that is not brick and mortar?
If I participate in your project, from where will I see the cash flow coming in (excluding token price appreciation listed in an exchange)?
I asked for the official word on this matter from the dev team.
"How will the profit sharing work?
This token, like almost every other blockchain-based token, has no profit sharing mechanism. It does not represent ownership or equity in the project, and the token is not a security. As with almost all other Initial Coin Offering tokens, there is inherent value in the tokens - they will be the unit of payment in the Pillar system. In many other cases, the value of the token has gone up in the months after the token sale. However, the token will be priced by the market, and its worth being aware that other tokens have not increased much in value and several have gone down. We have a long-term view. We believe our tokens will become valuable as our system becomes more real and gets traction with customers. As an open-source project, we believe people should have their own personal operating system, without any company owning it. If we work hard and get traction with users and OEM customers, we are sure the value of our token will rise.
We discourage investors who plan to sell for a quick profit. We are aiming to change the world. We are looking for supporters who believe in our vision."