Quote from: Tai Chi Chain on February 25, 2018, 12:33:35 AM

Quote from: paulwallyall on February 24, 2018, 11:26:52 PM

Quote from: Tai Chi Chain on February 24, 2018, 07:14:59 PM

Quote from: paulwallyall on February 23, 2018, 05:50:44 AM

There's a huge debate on whether a company should go the route of a security token or utility token.

Utility tokens have been very popular, although we are seeing companies like Telegram start to issue security tokens. It seems like everyday there is new legislation passed somewhere on ICO's - some negative, some positive.

I thought this podcast, episode #130 of Joe Wallin's 'Law of Startups' podcast was an interesting debate between one lawyer who believes the SEC and other government organizations are going to crack down on utility tokens versus another lawyer who doesn't exactly see if that way.

Does anyone have experience with an ICO doing either a utility or security token? What was that like and how did you think about the legal frameworks?

http://www.thelawofstartups.com/ Episode #130 with securities lawyer Dan DeWolf

There are plenty of different types of tokens.
Tai Chi Chain Token is not a Utility token, equity, security, or any right to Tai Chi Chain.

We are doing everything as "Donations".

We believe this is truly a new way to raise funding without being classified as an ICO, but while still allowing users to trade these tokens with any given speculative value on decentralized exchanges.

TaiChiChain.org

This sounds sketchy.

You're telling me people are donating their money and not getting the ability to use these tokens in your platform? Nor do they get the benefits of owning a part of the company?

Sketch.

The Stellar Network is an open source blockchain. People can build dApps, wallets, etc on top of their Network.
The bases of our tokens is that they will be the only ones compatible with our Dark Wallet which runs on the Stellar Network(Extremely fast/Instant).
This Dark Wallet will provide privacy features which isn't available at the time on ANY Stellar Wallet(and no one else is working on this).

Tell me, what benefits are received from holding bitcoin besides the occasional failed hard forked coins?
What about Ethereum itself? Holding these tokens doesn't mean you are entitled to dividends like regular stocks at all.

How many people are donating to other platforms and are receiving tokens with only promises? 90%+ of them.

IOST token doesn't even have a use case yet, yet it reached a market capital of over $1B+ with hundreds of millions in volume.

All I can say is we are a legitimate & long term project that is here to stay for the whole ride.
Come check us out on Twitter.com/TaiChiChain
I can guarantee there is nothing "sketch" about us & we are regular people like yourself.

Sincerely,
The Tai Chi Chain Team.

I'm not saying there is anything sketch about you personally. Just the project.

Yes, there are a lot of coins that are blowing up because of the speculative nature of crypto without many real life use cases. That doesn't change that people do believe there are strong potential use cases for most of these coins. Whether they fulfill their "promises" or not is irrelevant. It does not seem like there is any reason to donate to your project as there is a guarantee that you get no return whatsoever.