Utility Tokens

Utility Tokens are blockchain based units that grant holders access to goods or services. Utility tokens are likely exempt from securities laws if they function more like a coupon for a product instead of an equity interest in a company.

Silicon Valley Review S5, Ep6: Cease & Desist Letters, Utility Tokens & Series B Term Sheets Does your company’s ICO need to be registered with the SEC as a securities offering?

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