IANAL, but a security is profit-sharing/right to $-related things, like stocks and bonds. Tokens that are used to make purchases within applications/networks ar

IANAL, but a security is profit-sharing/right to $-related things, like stocks and bonds. Tokens that are used to make purchases within applications/networks are not securities, for example in the Storj example above, tokens are bought to purchase storage, and there's no implication of organization profit-sharing or appreciation of value, etc. While some people may speculate on the growth of the network and purchase such tokens, their purpose is to purchase storage capacity from the network.