So, it's an app token. That means the SEC cannot ban it?
We believe we are not a security as how SEC defines this - i.e. not a security according to Howey test.
So we, and our legal team, believe SEC can't ban us, which actually means more purchasers can participate and less risk for us.
Finally, some clarification! With the way governments have been swinging the banhammer lately, it's good to know there is an ICO that one can participate in legally