The dev claims to have produced a competetive software in a billion dollar industry as a byproduct. Doubtfull, but ok, lets believe it. He also said they want to monetize on the product. They dont want a standard licensing process, but the "customers" need to hold a specific amount of utiltiycoin, right? That should boost the coins' value. Thats the plan.

Now, how do they monetize on their software without holding a huge chunk of the moneysupply? I see absoultely no benefit in using a blockchain as licensing technology.

Did I miss something?