Is FYP a security or a utility?
I've read on the whitepaper that we will have to use FYP to vote and propose new features.
That seems more like a utility. Good to know. I will still do some research to check into that. Thanks for your help.
BTW, I think being able to vote on new features is a really cool idea for token holders. If you have more coins, do you get a more influential vote?
Yes, the number of votes held is proportional to the number of FYP Tokens owned.
The participatory policy making is also an approach to the overall goal of including active members of the community.
That's great that the votes are proportional to the number of tokens a user owns and will provide more incentive to own more FYP. Good thinking. How often do votes happen? As needed?