Are any of the Steem Tokens considered to be Security Tokens?

in token •  7 years ago  (edited)

Hello Steemers,

I would like to start my first post by asking this question in the title above. I read the white paper for Steemit and it seems like the Steem Power (SP) is considered as security since it represents an investment where you get paid interest for holding a balance of SP. So, even SP might not be a token per say but it can be purchased using the Steem token.

So, does that mean I am buying Steem to invest in the platform which makes the Steem a security token?

token utility security ico legal
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    0
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!