With ICOs going through regulatory growing pains, with fraudulent feedback from the mainstream media and low success rate, we must strive to find more satisfactory means of funding blockchain development innovation that are more legitimate. The U.S. Securities and Exchange Commission (SEC) hearings are changing the future of how cryptocurrencies work at the intersection of more stringent regulations. If blockchain startups can have more credible ICO's it doesn’t really matter what they are called. This also opens up the floodgates for companies and new projects in virtually any field to tap into how ICO's work backed by tangible assets. Would-be issuers of “utility” Cryptocurrency wallet tokens can be expected to encounter high costs, middling raises and regulatory risk. But there is a solution for the beginning ICO’s were magic. Young projects without a legal entity, domicile or identifiable management team were able to raise millions of dollars. They promised to build infrastructure that would unseat corporate titans without so much as saying hello to regulators and taxing authorities. Smash the banks, change the world and bring about some sort of libertarian crypto utopia obviously that hasn’t happened. Regulators are increasingly cracking down and taking interest in the blockchain space. While governments vary in their response to blockchain escrow systems projects, it is clear that they will respond and that they will hold projects accountable to their laws. “Utility” token offerings designed as an end run around securities laws are unlikely to hold up, with the SEC says openly that they haven’t seen a true “utility” yet. In this space, just about every project is likely in violation of securities laws. Utility Token: Security Token: Thanks for reading our above content. Please go through our website to know more about our services. Our website URL is http://www.cryptosoftmalaysia.com