When we talk about our ICO, we get this question very often, particularly from those who are new in the crypto-world and have chosen us as a first ICO.
In case you want to know:
A utility token represents access to a future product or service. When you buy a utility token, you are buying your right to use a service thats being developed by a company or start-up, once its finished and launched. An ICO for utility tokens is often used to raise funds for the development of a project.
Can dividend also be counted as utility?
Not as the primary use- otherwise it is a security. But, you can still fall in line with utility if it's overwhelming used for a specific purpose. Think arcade tokens or loyalty points- if it doesn't look like that, regulators won't see it that way and will want it registered as a security in the US and UK.