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RE: BLOODY IMPORTANT QUESTION: should we consider STEEM-ENGINE tokens a security or utility?

in #blockchain5 years ago

Wow. What a mindblowing comment @machnbirdsparo :)

Seriously I appreciate your time and effort. One of the best comments I've read in this topic; without any doubt.

That said, I would dare venture that any token on S E could be considered a utility because it provides a gateway for interacting with the Steem blockchain.

I've lost you here. Could you please explain it using different words please?

Yours
Piotr

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Oh nothing other than being a transport mechanism for information or some app. Think the Medallion tokens for NYC taxi cabs. Steem Engine tokens can be considered an onboaring utility, or paying for network contacts. Don't take me word for word, but if S E tokens are not in themselves of value then intellectual property is being overlooked for platform influences like Google and Facebook.

Always a pleasure. Sry for the late reply. Been busy and I like to take my time with these.