Bitcoin Forum

Hi.

I would like to introduce to You a new concept of a Personal Tokens. I'm Polish Bitcoin Youtuber (13k subscribers), I'm into Bitcoin since 2013 and now I'm involved in the industry full time. I'm a hodler.

Earlier this year I've become fascinated with idea of having my own personal token to price my market value as a person. And after few months of inner discussion I've decided to issue a Personal Token called "Token of Szczepan Bentyn" [BEN] (my name). I wanted to check if this concept has any chance on the market.

Token info:
Name: Token of Szczepan Bentyn
Symbol: BEN
Total Supply: 21000000
Decimal: 4
Token address: 0x108c05cac356d93b351375434101cfd3e14f7e44

Exchanges:
https://etherdelta.github.io/#0x108c05cac356d93b351375434101cfd3e14f7e44-ETH (https://etherdelta.github.io/#0x108c05cac356d93b351375434101cfd3e14f7e44-ETH)
https://coinbe.pl/market (https://coinbe.pl/market)

Youtube channel: https://www.youtube.com/channel/UCcMCMdVFhU25uCpC4kJAo3A (https://www.youtube.com/channel/UCcMCMdVFhU25uCpC4kJAo3A)

Distribution:
I didn't do an ICO. I gave it out to my wife, friends, family and my greatest followers (totally arbitrary) 3mln BENs - I thought that I would like those people to have a stake in my future success. Later I've put 500k [BEN] on the EtherDelta exchange. Three hours after a facebook live announcement I've sold tokens worth more than 20 ETH.

Grand Idea
I love Bitcoin and I hodl Bitcoin. I belive Bitcoin is going to a base currency for whole new economy we are building. But after two months of my experiment with my personal token, I strongly belive that everyone will have a token! And a reason is simple - everyone hold a value! Tokens itself has no value. Token is just a tool to price a value which is already there! Maybe instead of Universal Income (tokens for everyone), we promote Personal Tokens (everyone has a token)?

Possible cases
1. Young sportmen issue a token to get financing for traing, diet and equipment. What will happen to the value of his token when he gets to the Olympics?
2. Musicans - get cash for recording a song and a clip. What will happen to his token if his song gets viral on YouTube?
3. Politicans - gets money for a campaign, and get to the parlament. Guess what happens to the value of his token if he gets corrupted?
4. Charity - buying tokens fro people who needs help.

Based on these belives we've developed smartcontracts and website to help creators, influencers, musicians and sportsmens bring their personal tokens to the market. Our first Personal ICO started on Friday, and this Polish YouTuber collected more money than he expected in his ICO.

Visit our website to find out more. We have more YouTubers, musicacians, sportsmen in line waiting for their Personal ICOs!
(We are not doing our own ICO...)
personaltokens.co (http://personaltokens.co)

Is a personal token a security?

 I liked your speech, I think that you do not mind that I quoted it https://bitnovosti.com/2017/09/05/russian-central-bank-published-a-warning-on-the-risks-of-virtual-currencies-using/

I do not care about Vitalik and ideology, I just want in our country to understand the very idea of the crypt, not laundering of proceeds from crime and financing of terrorism.

Great idea about the personal tokens! Still the question is what about mining?
Because mining is one of the factors making cryptocurrencies so attractive.
And as I understand the personal tokens are issued by 1 person - so the issue is completely centralized?

I don't think the distribution of this token is centralized the smart contract has been deployed for this ICO so that it's happening on ETH blockchain.

I don't like the idea to invest in a person even no guarantee of bright future of this future from my opinion this is very risky investment.

Such a niece coin - you need to enable mining to generate and prosper with the coin....

There's a fiction book based on the concept of the 'personal token' or 'personal stock', it's called "The Unincorporated Man". Check it out! I'm sure you'll find it interesting.

https://www.goodreads.com/search?q=unincorporated+man (https://www.goodreads.com/search?q=unincorporated+man)