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RE: What are Security Token Offerings
Are fundraisers going to be honest and clear enough to tell me that their token is a utility Token and not a security token or is it my duty to find out.
Are fundraisers going to be honest and clear enough to tell me that their token is a utility Token and not a security token or is it my duty to find out.
To avoid some regulations, a good number of fundraiser would label a security token as utility token and we have more security tokens out there calling itself a utility Token while the real utility tokens are few.
Howey test will help you identify which is which.