Episodes
Sunday Sep 30, 2018
The Demise of Utility Tokens? Examining Iconomi and Cofound.it
Sunday Sep 30, 2018
Sunday Sep 30, 2018
Utility tokens are facing a crossroad situation, with the loss of faith from "investors" and questionable utility within their ecosystems. Let's examine the situation of two different utility tokens, Iconomi (ICN) and Cofound.it (CFI), who are handling the changing ecosystem in interesting ways.
I firmly believe this will be an important trend to keep an eye on, as the market sours on certain flavors of utility tokens, while other forms of utility may actually gain prominence and use.
Iconomi's Blog Post on Moving from a utility token to equity and refunding investors who don't want equity:
https://medium.com/iconominet/the-technical-and-legal-side-of-iconomis-transformation-542319b96f0f
"Closing Cofound.it as crowdfunding market disappears and presenting good practice for ICOs"
https://blog.cofound.it/closing-cofound-it-as-crowdfunding-market-disappears-and-presenting-good-practice-for-icos-796db5e001b8
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