Importance of not being a 'security' after the SEC DAO report

[DisLedger]

After the SEC report this week how much importance do you place on whether a ICO/token is or isn't a security in the U.S.?

I'm trying to gauge how important it is for future tokens to get written legal opinions that they are not securities for: stability, resale value, listing on exchanges, other reasons...

[DisLedger]

ShapeShift is going to drop coins that are considered securities Coindesk article

DisLedger's token is NOT A SECURITY so it be even more valuable

I predict other exchanges will start dropping 'security' coins quickly

[Dullmartini]

I pay attention. If it's a security and it's organized under the laws of the us, I'm not willing to take a chance. The SEC will come after the company for all it is worth and investors will lose everything.

[Keihatsu]

It would be very interesting to see a list of coins/tokens and whether they are likely to be classed as securities.

Very easy to move a virtual company, or base it in any jurisdiction.

I guess it may still pose an issue for US residents.

[cenicsoft]

It was obvious the way a lot of these ICOs were being conducted that they would be treated as securities.

Our BannerCoin ICO - (http://www.bannercoin.com) was designed from the beginning to not be a security, well before the SEC guidelines were even published.

Of course, you never know how a regulator will treat your product until you actually put it out there for scrutiny.