This token can be used in two ways, either with a utility function or a security function. A utility token is generally unregulated and used by startups to gain capital to fund their projects in exchange for future access to the service in development. On the other hand, a security token is generally treated like…

Identity verification beforehand helps exchanges build a healthy relationship between two entities. It helps eliminate bad actors, money launderers, terrorist financiers and other criminal entities from misusing the IEOs. Bounty programs are rewards, usually in the form of tokens, to promote an initial coin offering . For traditional companies, there are a few ways of…