Post
Topic
Board Altcoin Discussion
Re: Do utility tokens really exist?
by
boyshx
on 16/03/2018, 19:04:30 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/

There are many more tokens or related projects which use their own tokens as utility token. Few of them are new and old also which I have seen or read about recently. They includes, SCL, JNT, BUZZSHOW, SBD, STEEM POWER, DIME, XFCCOIN and much more. These tokens are being used to earn money and trade them as utility token over the same platform that they are being created for. They are being used as token for buying the football player cards to pay the premium video membership or to exchange other tokens and much more. I think there are many legit projects which have converted their tokens into proper utility coin.