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Sounds like a security. Is reddit licensed to sell securities?
by 2OEH8eoCRo0 3y ago
Sounds like a security. Is reddit licensed to sell securities?
- MagicMoonlight 3y agoWhy would you need a licence? It's innovation bro. I'm innovating with my new scheme. I call it "scheme certificates", basically you buy them off me and then I give you a percentage back each month which we'll call scheme earnings.
- KETHERCORTEX 3y agoIt doesn't sound as a security since the profits, dividents or any monetary value tied to these NFTs aren't mentioned. They were just selling a feature on their website (ability to use an image in some way) with blockchain used as a way to keep transaction and ownership records. Just like skins and items in the games that aren't securities with a COOL'n'TRENDY way to store database records.