Quote from: o48o on May 26, 2021, 07:14:12 PM

Quote from: o48o on May 25, 2021, 09:41:00 AM

I am not sure who told you this, but real reason that teams shouldn't do speculative statements or talk about the price at all is because their tokens can be considered to be unregistered securities by officials like SEC if they do that.

Quote from: Yogee on May 25, 2021, 04:23:58 PM

Nobody told me anything. I just know that it's what a professional team shouldn't do. It doesn't matter if it's a utility or a security token.

Actually it very much could make all the difference, Betfury is a centralized organization that could mean all sorts of legal troubles for them if it would come to that.

Quote from: Yogee on May 25, 2021, 04:23:58 PM

Don't they have premined tokens? 51% of the total supply is for mining but the rest were already set aside for team, marketing, and other purposes. I read that they've burned a lot of team tokens but if they unload the remaining on exchanges then it's as good as sold.

Yeah they do, but i am referring to the token sale vs mining. If it would be public token sale and these tokens would be seen as securities, it could be illegal sale of unregistered securities (if there's a promised ROI). Mining on the other hand could be seen as a technicality that makes the distribution legit. (disclaimer: i don't know enough about this)

Quote from: o48o on May 25, 2021, 09:41:00 AM

and it's not like you get dividends to your pseudonymous wallet, you get them only if you stake them inside the site. And naturally Betfury can freeze any account if officials see suspicious activity on their blockchain analysis.

Quote from: Yogee on May 25, 2021, 04:23:58 PM

How does this argument differentiate a utility from security token?

It's not, but it helps with aml regulations.

PS: i have to remind that i don't think that BFG is a security token if someone didn't read my earlier post.

BetFury works in the legal field, therefore, after obtaining a Curacao license, there were closed a number of countries. The team will always consider the best ways to interact with the BetFury platform and its services. Good luck in hunting for tokens!