Hi,
could you explain me what is the difference between Utility tokens and Security tokens?
As I understand utility ones are used for paying and security as crypto shares or smth. But it is still confusing for me. And for example there is a company - KickCity their KCY tokens will be both shares and may be used as paying instrument. So which type of tokens is their one ?
Pls, explain pros and cons of both. Examples are welcome.
To best of my own knowledge utility token are the token you can use for a service property for example you can use it to purchase an estate, house etc telcoin is also another example of utility token the concept is integration of Telecom into blockchain.
Security token are token offered mainly for the purpose of getting an ROI at the end of certain time promised or written in their whitepaper. An example of security token is envion.