Crypto Academy Week 10 - Homework Post for Professor @pelon53 about TOKEN

Hi friends how are you ...
Hopefully all of you are in good condition and of course always in good health, so that you run smoothly in your daily activities and routines :)

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Introduction

Today I will make a homework assignment from my learning at steemit crypto academy, here I will make an assignment given by professor @pelon53, about Tokens in the crypto world.

Here the professor gives his assignment, the assignment includes 3 points, including:

1. What is a Security Token? And describe an example.
2. What is a Utility Token? And describe an example.
3. What is an Equity Token? And describe an example.

Oke, without prolonging preamble, I invite you to jump right into my homework assignment. Stay tuned and read to the end, OK :)

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1. Security Token

Okay, friends of steemians, because here we will discuss about Securuity Tokens, you also have to know what Tokens are, you need to know that tokens are different from cryptocurrencies, when compared between the two cryptocurrencies have the same properties as currencies in general, a limited amount can be used for transactions and also portable, but if the token can only be used for a limited time, in certain places, and also can only be used on projects that carry out ICO, well here I will also mention there are 2 types of tokens, namely security tokens and also utility tokens, here I will discuss the security token first.

Before we discuss about Security tokens here, I invite all of the staff members to discuss first about ICO, why here I invite you to get to know first about ICO, because between ICO and Security token has a relationship between the two.

Initial Coin Offering or what we usually know as ICO is an example that I will summarize in this paper, so usually defeloper who carries out this ICO will produce a limited number of Tokens, which aims to ensure that the Token has an asset value that is in accordance with the ICO needs, well These tokens usually have a predetermined static price, the price can go up and down as well.

What is a security token? Security tokens are tokens that have met the Howey test and usually security tokens have external assets that can be traded, security tokens are also included in the herd and also federal regulations, usually if a company that wants to conduct an ICO uses a token then they must comply with the regulations and if not then they can be penalized, but if they comply with this rule, the nature of their token can be very strong.

Well, actually there are several regulations that govern this security token, and these have been implemented in the US, including:

• Regulation D, permits bidding.
• Regulation A +, allow creators who offer security
• Regulation S, when a security is outside the country.

For a clearer understanding of the regulation, steemian friends can look for it on several websites that discuss about cryptocurrency, because here I also don't really know in detail about these regulations.

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2. Utility Token

Utility token is a digital token of cryptocurrency issued to fund the development of that cryptocurrency, and can also be used to sell and buy goods or services offered by the crypto currency issuer.

The purpose of the utility token is so that the buyer of the token can pay a certain amount of money to the token owner, and then it can be used to develop the product, and finally be redeemed.

Utility tokens are in great demand because they have the potential to create and hold true value, for example I will make a simulation here, some have speculation and a kind of fear of losing, for example you buy a utility token and even though you cannot use the utility token to buy something goods or services, but you can put them on a crypto exchange so you can trade against these tokens. Now when you buy a utility token and with full hope that the project will produce positive results, other people will also buy the utility token at a higher price, when some people look at the graph with the hope of this potential, they will buy it because they are afraid if if you don't have time to buy now, the coin will go up at a higher price.

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3 Equity Token

Here in fact I don't really understand about the Equity token, but I have learned it by reading several blogs on the Google web that discuss Equity, so I can draw some conclusions which I will summarize in this discussion, but before I discuss Equity tokens I first want to invite friends of Steemians to know what equity is, since I have also studied several subjects in the accounting equation course, it explains that what is meant by equity is an asset equal to debt plus capital, so I can draw the conclusion that equity is capital, for example in a company when a company sells shares, here investors will buy by providing a flow of funds to the company, now this is where steemians' friends can see the formation of capital from investors to companies that we usually know as owner.

In the world of cryptocurrency, in short, the blockchain is an Equity Token, which means additional funds to fund a company that has been established for the development of the company, here we also have to see the potential of the company we choose to start investing in so that the investment achieves its goals. the main thing is profit. But actually Equity tokens are a form of safe investment performance on the blockchain, in a web article that I read on google it states that equity is regulated by security law in Germany which will ensure the safety of funds for each investor. I can conclude here that Token Equilty is a better future choice for investors, more or less like that.

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Source of screenshot image on latoken wallet

Conclusion

If you want to try to get a free token from the ICO that I mean above, you can access it on several telegrams that are promoting ICO by requiring us to do the KYC process, this is what I often find on the Latoken telegram, some time ago I have registered on the TRB Token, or Trebit Network Annocement, and it has entered my latoken wallet as much as 0.04 TRB. Or if you want to get other token tokens, you can also access it on myetherwallet.com, here it requires you to create an ERC-20 wallet first.

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Support Source

• Medium
• Coinvestasi

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Professor @pelon53, this is my Homework assignment on "Steemit Crypto Academy Season 2: Week2 | TOKENS, PARTE 1: by @pelon53". about "Security Token, Utility Token, Equity Token".