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Difference between ICO and Security Token

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ICOs, on the surface, might seem like yet another way to raise money, but ICOs aren’t based on solid assets. This has rendered ICOs being quite unregulated and this has paved way for a lot of scams to take place. ICOs might not entitle the investor to any securities or equity in the company, but rather an intangible privilege that might not essentially translate into profits for the investor, either in utility or money.

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