Hey guys, I was going through the whitepaper and it says you will be implementing a profit sharing like model. But as per SEC isn't it like users will contribute with an expectation of profit and it'll be termed as security
Yes you're correct profit sharing like model is going to happen on this. For about SEC, remember that TOKENS are different from Cryptocurrency. The difference is that Cryptoccurrency doesn't need another platform to run while tokens are built on other platform that only exist and run throught that platform. As of now Cryptocurrency or Virtual Currency is the one that having a hearing in Governments. But Tokens is a different thing. Hope this helps you.