Post
Topic
Board Altcoin Discussion
Re: Do utility tokens really exist?
by
ManaMan
on 16/03/2018, 15:32:15 UTC
Bittrex recently issued a statement claiming that all tokens listed on their exchange are NOT security tokens. I have to disagree, I believe there are very few actual utility tokens out there and I think the SEC is going to really push for fully regulated exchanges from now on (and crack down on ones that are not).

What are your thoughts on this?
What are some examples of real utility tokens?

Link to article for reference: https://cryptoslate.com/bittrex-responds-sec-announcement-regarding-crypto-exchanges/

I do believe that all coins/tokens should be seen as securities rather than utilities because main goal of most people if not all is to get in now and sell it in the future for the profit. Of course this game is tighten for exchanges to operate when more regulation is coming, this is why I do believe that we are going to see slowly switch between CEX into DEX exchanges because people want freedom while trading.