Social Capital for a Better Human Experience

Quantstamp: Why Utility Tokens And Security Tokens Need To Be Separate

Posted by Andrew G on Jul 2, 2018 2:30:00 PM

 

 

It has been a tumultuous period for Quantstamp -- a blockchain-based project that aims to decentralize smart contracts auditing --after the team accepted U.S. dollars and Ether instead of its token to fund its platform. The project raised over $30 million in its Initial Coin Offering (ICO) in November, exceeding its targeted $11 million and distributing 65% of their Quantstamp Protocol (QSP) tokens out of a supply of 1 billion according to Coindesk. However, they add that the recent actions have token owners scratching their heads:

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Tags: Investor, Security Tokens, Utility Tokens, Planning, Governance