Utility Tokens
topic on 4 shows · 5 statements across 5 episodes
the Pitch
the a16z Podcast
All-In
20VC
5 statements about Utility Tokens, every show
Jillian Manus: Utility Tokens Are the Path to Success for Most Companies
“I think utility tokens are dope. I think they are exactly where all companies should be, and I think tokenizing is going to be the path to success for a lot of companies”
Horowitz: SEC sues utility token issuers over alleged asymmetric information
“All of those under the Gensler regime are essentially illegal because or they're legal but you'll get sued by the SEC, by the US government, and the reason that you'll get sued is they claim that anything with utility is has asymmetric information attached to …”
Sacks: Applying securities laws to utility tokens would destroy their functionality
“And if you were to subject them to securities laws, And impose KYC and accreditation. You have to go through all these hoops just to add one to your wallet. It would destroy the potential functionality created by these systems.”
Calacanis agrees SEC should regulate utility tokens as speculative investments
“Utility tokens with, you know, laundry mat tokens or tickets to the opera, and he said entrepreneurs are choosing to perceive their tokens as utility to sidestep regulation and that, here's the quote, they are highly speculative investment tokens for people wh…”
Xie: Utility token value does not scale with platform popularity
“When you have things like decentralized exchange that can kind of like quickly exchange these tokens from a liquid coin like Ethereum to this utility token that people are not going to want to hold on to these tokens at all. It's kind of, you just only need to…”