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Talking about coins/tokens with practical usecases without adding ETH and ATOM makes this thread incomplete. We have seen how many useful dApps on the ETH and ATOM blockchain, be reminded that they pay ETH and ATOM to create this DApps. So I think they have a practical use case. Also some real life entities and companies have started accepting Bitcoin and ETH as means of payments. With time, more tokens will have more practical usefulness.

Quote from: joinfree on November 13, 2019, 10:21:08 AM

In a volatile world like ours i would always go for a utility token either than a security token. Security projects need to approve themselves of several rules and regulations and this sometiimes stalls the development of the project hence there is a delay in the coming out with products of the project. When this happens, liquidity is mostly low and in the end investors end up making only scanty profits or none at all.

This is also an accurate benefit of Utility tokens over Security tokens. Security tokens most times offer little or no profits to its holders. Utility tokens on the other hand have an increasing demand and this reflects positively on the price of the token.

Quote from: Jayson (Torum) on November 13, 2019, 06:50:36 AM

Just between security token and utility token, which token do you guys prefer? I am actually on the side of utility token because there is a clear demand over there, which means assuming its supply stay constant, the price of that utility token will theoretically rise as demand increases.

I just can't see how security token is going to change the industry in any way.

What do you guy think?

I actually prefer utility tokens too. We all want cryptocurrencies to gain mass adoption from the large population of people in the world and Utility tokens are the most feasible way to do that.

For example, When a blockchain project that solves a real life problem comes into existence and creates a token that will be used to access the platform, when a novice in cryptocurrencies finds the platform and likes the idea and wants to be part of the platform, he/she will be forced to buy the utility token of the platform so as to gain access to the special benefits of the platform in question. For Crypto novices on the other hand security tokens will look complex and they will only use them when they want profits or an alternative way do make money.

From the above illustration, you can see that Utility tokens are actually the best way to achieve mass adoption that we sought after. Security tokens too have their own benefits but the benefits and usefulness of Utility tokens outweigh that of security tokens. Thanks!