I repeat, also if we invested our money in different projects we should be able to talk without grudge, being objective and constructive would be the best thing to do, evey dec market has its own philosophy, and it's built or being developed around that. The fact is that the sec has not precise guidlines, cryptos are different, so  we dont know how it will end.  "Whether or not a particular transaction involves the offer and sale of a security— regardless of the terminology used—will depend on the facts and circumstances, including the economic realities of the transaction"
Vaporware guys is a very strict definition, it means a project that gets delayed one two three times years over years. and does not mean necessarily bad because good things released where considered as vp in the past.