The Future Potential of Security Tokens with Marc Boiron
In this episode, I sit down with Marc Boiron to discuss the future of Security Tokens and the role they will play in the cryptocurrency ecosystem in the future.
We sit down and discuss the difference between a security token and a utility token, the need for utility tokens to restructure into security tokens, and more. We also talk about KIN fighting against the SEC calling them an unregulated security. Finally, we discuss why security tokens are relevant and important to the cryptocurrency ecosystem.
A BIG thank you to http://Nexo.io for being the title sponsor of the Security Token Series! Nexo is a blockchain-based overdraft system that allows users to make instant crypto loans. At the moment, there is no other way in which crypto owners can use their assets other than selling and buying them. Nexo comes forth with a very lucrative business model where it lets crypto owners use their holdings as collateral, then withdraw cash. The users maintain a 100% access to their cryptocurrency while they have immediate access to cash.