#blockchain: Utility Tokens — Prevarication or Fact
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Blockchain: Utility Tokens — Prevarication or FactTL;DR The long and short of this article is that majority of Utility Tokens as they present in the blockchain ecosystem are majority redundant, useless and/or designed to skirt regulation. In turn are damaging to adoption within a progressive digital economy. I want to be clear that this is not against all projects, nor is it against actual traders.The Year of Money for JamThe year was 2017, every man and his dog were releasing the next generation of Distributed Ledger Technology. Promises of “world first, infinite scalability, privacy preserving” and every other marketing buzzword one could imagine. This phase in #cryptocurrency history was that of the ‘Initial Coin Offering’ or better known as #ico. All made possible by the ease of creating an (...)