Discover and read the best of Twitter Threads about #tokens
Most recents (4)
As a term, #SmartSecurities > Securities Tokens.
Avoids confusion around asset classes. #SmartSecurities are part of the equity asset class, but with a significantly upgraded wrapper & features-- the term, #SmartSecurities, makes that clear.
Combining "security + token" into one phrase was always a little off because it combines two asset classes into one phrase, which consistently confuses people.
Attribute the success of Binance and that of most #tokens to people's love for gambling. Not to the tokens' present or future usefulness.
Many ICOs are for excellent ideas that do not require a blockchain, yet choose the ICO road rather than looking for equity investors, creating a useless token in the process.
Having to acquire a token to pay for the services of a company or platform is an unnecessary annoyance. Food for now, hunger for later.
1/ Maybe, but here’s a YUGE prob for securities #tokens: do you need a securities brokerage account just to use the token? Most brokers & their custodians prob won’t integrate with a #blockchain, which means these incumbents can kill the industry simply by not integrating &...
2/ ...thus impeding the token’s use value & preventing it from ever building network effects. If every token must be a security, then @SEC_News should allow wallets to hold securities tokens for short-term, transactional purposes outside of securities brokers. Not doing that...
3/ ...would effectively give the incumbent securities industry the right to block securities tokens & the token industy would just leave the US. That would be anti-competitive, bad policy & just morally wrong. I hope the @SEC_News will get this policy right. #utilitytokens
1/ While I appreciate the work of @CoinMarketCap & the many other token data aggregators, it’s important to recognize none of them represent the entire #cryptoasset reality.
2/ When people new to the space first realize @CoinMarketCap has ~1,500 #cryptoassets listed, many will exclaim, “Wow, that’s a lot!” But in reality, that’s just the tip of the iceberg...
3/ consider, for example, that @wavesplatform has 12,297 #tokens that have been launched on its platform and trade on its internal DEX. 
