Owning a token bestows a right that results in product usage, a governance action, a given contribution, voting, or plain access to the product or market.

Ideally, it is important to communicate exactly when large amounts of tokens become unlocked and therefore available in public exchanges. It is a good practice to continuously update these exchanges with the right amount of tokens in circulation.

Many regulators are quick to apply existing compliance practices that treat tokens as a security, therefore elevating the barriers and costs of implementation for entrepreneurs.

William Mougayar Quotes