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What exactly is it that made this token a security, and why was it targeted versus any of the other tokens that were marketed and sold for common enterprise and
by jl2718 3y ago
What exactly is it that made this token a security, and why was it targeted versus any of the other tokens that were marketed and sold for common enterprise and future profits? I didn’t follow because I didn’t realize that it was connected to a decentralized YouTube competitor. Now it has the appearance of being motivated not by securities law, but censorship. I’m sure they also violated SEC rules, but I’m wondering exactly how so, and how it could be avoided for a future incentivized P2P video network.
- Guvante 3y agoMost tokens are sold on the future of the platform. Basically "if everyone uses this coin it will be more valuable". By introducing a distinct product through which revenue would be gained it seems naively to mean it is now about sharing profits of an endeavor.