Ninjastic
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Board Tokens (Altcoins)
Re: [Pre-ANN][ICO] WONO - P2P Exchange or Rent of Any Assets and Services
by
xoitx
on 15/07/2018, 01:29:49 UTC
Quote from: aByssakaDesire on July 14, 2018, 09:35:47 PM
Quote from: glorybtc on July 14, 2018, 06:36:49 PM
how this project so optimist can avoid taxation expenses, in fact in every country there must be obligations to pay taxes

Every single country can have different taxation laws and rules, but I think at least in the USA the taxation depends on decision of SEC, whether the token gets declared a security or not. This is a good article about security tokens and token regulation: https://medium.com/@argongroup/8-important-things-to-know-about-security-tokens-token-regulation-3d548a1a6367

This coin seems to be a common utility token and not a security one. It aims to merge the utility sectors to use the wono tokens for their daily transactions.