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Thoughts from AIBC Summit RE: Security Tokens

 
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Tim Carney 2 months ago

I have been eagerly awaiting the introduction of security tokens in the cryptosphere! 

I’ve always thought it was the natural progression of digital assets. 

There are far too many utility tokens out there that have no logical reason for existing, and certainly no reason for appreciating in value. The ability of acquire equity in a project, though, is a game changer. 

Can you direct us to any more details for now? Or should we await your next post? 

Jeff Kirdeikis 2 months ago

More detail in regards to?


The project I'm talking about is https://www.preflogic.com/

Stephen Anawo 2 months ago

I was having challenge watching the video.... The link.... Well appreciated 

Tim Carney 2 months ago

Yeah. Sorry. I should have clarified. But you answered perfectly. Thanks! 

ijatz La Hojita  2 months ago

Heellooo @Jeff and @Tim, nice to Uptrennd you! :-) 

"Preflogic" seems to combine some big advantages to root security tokens in a blockchain (an apparently clean and handy interface, the use of Metamask, i.e. also the Ethereum ecosystem support, etc.). 

The point I'm not sure about is that in their showcase video the example reaches out to potential investors who are almost all personally known individuals (relatives, friends, our YouTube channel community members,...) and imposes them a series of administrative and "KYC" procedures, exactly as if I, who need the fund to invest, were a bank... Could we not set up or adapt, for that kind of tokenization, a less inquisitive mechanism? If I'm not wrong, a project like "Aragon" provides us with tools which are more oriented towards grassroots communities.

Or would we build an interface... directly from Uptrennd? :-)

Jeff Kirdeikis  2 months ago

Hi Ijatz :)

Since security tokens follow strict regulations, there is not a possibility for skipping KYC, as certain offering types do not allow certain people to take part.

Example: RegD is only for US accredited investors

Osato Jegede 2 months ago

Security tokens allows one to own a piece of pie of the company they intend to invest in unlike the utility tokens. The range of investment varies depending on the one that interest you. I think the narratives has changed from utility to security tokens. Under utility tokens, you're not a stake holder, but with security tokens you're in need a stake holder. The whole essence is to enlightened you to take advantage today and become an early adopters because you are well informed. Before we start to record mass adoption. 

MrBullishSail Crypto Trader 2 months ago

Great video, Jeff:), the security tokens are the logical evolution of the altcoins market, the utility tokens are a reward system for the activity of users within the ecosystem of a project, but their value is very volatile by the constant buying and selling of these masses, the security tokens allow a participation added to the success of the project with the security that over time the value maintains a growth curve, this is great for everyone, because in addition to receiving rewards for stacking process now adds the opportunity to have investments in that growth in value of the total ecosystem.

Omer Farooq Farooq 2 months ago

Dear sir Jeff right now Uptrennd need financial support which easily can solve preflogic so the investors can easily participate in Uptrennd final activities. Security tokens in terms good option which directly investors give path to the capital easily and discounted.

Fajar Haseeb 2 months ago

Agree with you Muhammad omar faroq

Samuel Izu 2 months ago

The documentary about preflogic is a wonderful one , No more excuses for those that want to raise capital to launch or grow their business or to purchase real Estate https://www.preflogic.com . but I still want you to throw more light on how implementation of security tokens is going to benefit our community Uptrennd and what we stand to gain when implemented.

Thanks

Jeff Kirdeikis 2 months ago

If uptrennd had it's own security token, (which it will), you would be able to own equity in Uptrennd.

Samuel Izu 2 months ago

That will be great ,every legitimate member will have equity (interest gotten from the property you own)

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Security tokens are cryptographic tokens that pay dividends, share profits, pay interest or invest in other tokens or assets to generate profits for the token holders. This takes care of the liquidity issues.

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