Post
Topic
Board Altcoin Discussion
Re: 2 token ICO or 1 token ICO?
by
wareck
on 28/11/2018, 08:54:53 UTC
in discussions with my advisors on our upcoming pre-sale and ICO launch, I was recommended to have two tokens.  First the security token that people would buy for investment purpose and then a utility token that could be bought to be used for the actual service that our company will supply.  I thought well won't that confuse things having two tokens.  This was my advisors thinking.  In the case of our company, we are offering a very valid and needed service that customers could pay for via our token cryptocurrency.  So if we just had the one security token, in order to use the token to pay for the service, you would be basically giving up the amount of tokens you used for payment which means you will no longer have the investment benefits of that token.  But if you had a utility token that could be purchase just to be used for the service, you could still keep the security token as a investment.

So what do you all think about this two token theory?

UPDATE NOTE: I want to clarify from the above post. We actually are not going to actually launch two tokens at the ICO.  We are thinking of launching ONE security token at the actual ICO.  Then 3 to 6 months later, once some of our brick and mortar service centers are open and running we will launch a utility token to be used for the payment of the service.  So you now have a security token for investment and utility token for the service centers so you do not have to give up your investment token.

When I invest certain ICO, I do not care about the amount of tokens they have, I care about business plan only. It is the only thing that matters.