What are Security Tokens? by cryptobobby

View this thread on: hive.blog | peakd.com | ecency.com

cryptocurrency · @cryptobobby · May 30 '18

$166.94

What are Security Tokens?

You've probably heard people in the crypto world talking all about security tokens in 2018, but what the heck are they? Let's dive into the subject of tokenized securities, or security tokens, with Rob Nance of CityBlock Capital, whose company is launching it's own security token. He has a great perspective on what are security tokens, what the vendor landscape looks like, the potential value of security tokens and more. 

<iframe width="560" height="315" src="https://www.youtube.com/embed/-ZU-jomkGGM" frameborder="0" allow="autoplay; encrypted-media" allowfullscreen></iframe>

Check out the CityBlock Capital Website:
https://cityblockcapital.com/

Follow Rob Nance on Twitter:
https://twitter.com/RJNance

Good blog post on Security Tokens by Stephen McKeon "The Security Token Thesis"
https://hackernoon.com/the-security-token-thesis-4c5904761063

"Another good blog post from Anthony Pompliano The Official Guide To Tokenized Securities"
https://medium.com/@apompliano/the-official-guide-to-tokenized-securities-44e8342bb24f

👍 thejohalfiles, mangos, mariusjuk, newageinv, artedellavita, lulita, sportsscout, buster544, cryptostache, tmonkell, steemtruth, abradjan, truce, bitcoinandcoffee, rusinho027, psym0n, selim46553, feye, treystein, muppetdingdong, jesterlem, tehjay, cryptoholic365, vengeance, deividluchi, excy4yaweh, ibrahimbayram, ecreditz, cryptotax, fvb222, chanchuy, brismar, alexyoon, peronpera, cyber-smiley, melatie, jasonmiller2134, mimmuzzo78, nathan-rokus, bboyash, automaton, flordemaria, fastburner, xny, digiibit.coin, zazelpop, slimane1, sachcorps, mavigo77, tompadik, kupel, zurimabarcelo, aggamun, kosynier, grammarnazi, geopogi, naconc, kylorenjunior, bobnevv, zephyraijunzo

`author`	cryptobobby
`permlink`	what-are-security-tokens
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency","security","tokens"],"image":["https://img.youtube.com/vi/-ZU-jomkGGM/0.jpg"],"links":["https://www.youtube.com/embed/-ZU-jomkGGM","https://cityblockcapital.com/","https://twitter.com/RJNance","https://hackernoon.com/the-security-token-thesis-4c5904761063","https://medium.com/@apompliano/the-official-guide-to-tokenized-securities-44e8342bb24f"],"app":"steemit/0.1","format":"markdown"}
`created`	2018-05-30 16:03:36
`last_update`	2018-05-30 16:03:36
`depth`	0
`children`	13
`last_payout`	2018-06-06 16:03:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	156.169 HBD
`curator_payout_value`	10.767 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	1,035
`author_reputation`	31,310,581,670,551
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,460,752
`net_rshares`	43,878,552,635,127
`author_curate_reward`	""

properties (23)vote details (60)

voter	rshares	pct
jasonmiller2134	341,490,036	100%
nathan-rokus	286,177,508	100%
steemtruth	2,807,638,845	10%
thejohalfiles	43,281,690,528,436	100%
mangos	440,598,249,998	13%
automaton	269,097,529	100%
zephyraijunzo	0	100%
bitcoinandcoffee	1,823,709,395	10%
buster544	7,474,397,876	100%
artedellavita	22,810,888,298	100%
lulita	13,358,893,131	100%
feye	643,714,415	2%
cryptostache	4,331,752,772	16%
tehjay	601,098,419	100%
cryptotax	545,558,072	100%
rusinho027	1,341,735,352	100%
zazelpop	139,126,365	10%
mimmuzzo78	305,088,895	100%
sportsscout	7,497,310,211	100%
tmonkell	3,372,396,662	100%
selim46553	658,001,739	100%
xny	176,631,394	100%
excy4yaweh	590,533,853	100%
newageinv	25,370,721,961	50%
aggamun	91,764,153	20%
cyber-smiley	387,400,626	100%
kylorenjunior	52,273,485	100%
cryptoholic365	599,237,370	100%
sachcorps	122,570,124	100%
muppetdingdong	604,714,749	100%
truce	2,052,677,986	100%
mariusjuk	46,148,042,238	100%
abradjan	2,387,751,978	100%
brismar	470,288,413	100%
jesterlem	602,772,897	100%
zurimabarcelo	94,692,410	100%
psym0n	1,000,267,375	100%
melatie	383,175,212	100%
grammarnazi	85,374,026	50%
ecreditz	565,966,870	100%
fvb222	523,287,795	100%
flordemaria	216,919,920	100%
bobnevv	52,104,320	100%
deividluchi	598,232,522	100%
chanchuy	521,802,614	100%
mavigo77	116,295,905	100%
vengeance	598,244,798	100%
kosynier	91,576,863	100%
ibrahimbayram	590,237,213	100%
digiibit.coin	152,556,475	100%
bboyash	283,753,560	100%
treystein	610,219,348	100%
geopogi	54,919,741	100%
tompadik	112,860,103	100%
peronpera	399,691,119	100%
kupel	109,838,127	100%
slimane1	128,143,703	100%
naconc	54,918,102	100%
fastburner	204,893,082	100%
alexyoon	448,428,743	100%

@afmeulaboh · May 31 '18

Wowwww wowww, security tokens are very important for any type of transfer in the blockchain

properties (22)

`author`	afmeulaboh
`permlink`	re-cryptobobby-what-are-security-tokens-20180531t100922402z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"community":"busy","app":"busy/2.4.0"}
`created`	2018-05-31 10:09:24
`last_update`	2018-05-31 10:09:24
`depth`	1
`children`	0
`last_payout`	2018-06-07 10:09:24
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	91
`author_reputation`	296,521,214,723
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,576,408
`net_rshares`	0

@asghaier · May 30 '18

How to find out the best way to differentiate between security and utility tokens?

properties (22)

`author`	asghaier
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t181846445z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 18:18:27
`last_update`	2018-05-30 18:18:27
`depth`	1
`children`	0
`last_payout`	2018-06-06 18:18:27
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	82
`author_reputation`	138,602,908
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,477,541
`net_rshares`	0

@grammarnazi · May 30 '18

Minor Correction

You have a minor grammatical mistake in the following sentence: <blockquote> Let's dive into the subject of tokenized securities, or security tokens, with Rob Nance of CityBlock Capital, whose company is launching it's own security token.</blockquote> It should be <i>its own</i> instead of <i>it's own</i>.

properties (22)

`author`	grammarnazi
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t160337969z
`category`	cryptocurrency
`json_metadata`	{"app":"steemit"}
`created`	2018-05-30 16:03:36
`last_update`	2018-05-30 16:03:36
`depth`	1
`children`	0
`last_payout`	2018-06-06 16:03:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	307
`author_reputation`	-144,064,903,190
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,460,756
`net_rshares`	0

@iammnhamza · May 30 '18

A excellent article

properties (22)

`author`	iammnhamza
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t172520732z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 17:24:48
`last_update`	2018-05-30 17:24:48
`depth`	1
`children`	0
`last_payout`	2018-06-06 17:24:48
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	19
`author_reputation`	2,239,167,989
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,470,797
`net_rshares`	0

@jesterlem · May 31 '18

Good your posting mister.

properties (22)

@lucky7777 · May 30 '18

Nice to meet you. I am a friend from today. I wish you all the best and healthy. Your friend lucky7777

properties (22)

`author`	lucky7777
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t181424101z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 18:14:24
`last_update`	2018-05-30 18:14:24
`depth`	1
`children`	0
`last_payout`	2018-06-06 18:14:24
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	102
`author_reputation`	1,075,289,626
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,477,034
`net_rshares`	0

@muppetdingdong · May 31 '18

Becoming a accredited investor in order to be able to legally able to acquire these, and for companies to legally be able to sell you security tokens, seems like it's going to push out a vast majority of investors / speculators. Hope you got a $1 Million to blow...I sure don't.

👍 muppetdingdong

`author`	muppetdingdong
`permlink`	re-cryptobobby-what-are-security-tokens-20180531t033320194z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-31 03:33:21
`last_update`	2018-05-31 03:33:21
`depth`	1
`children`	0
`last_payout`	2018-06-07 03:33:21
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	278
`author_reputation`	38,789,492,220
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,536,318
`net_rshares`	610,822,979
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
muppetdingdong	0 B		610,822,979	100%

@newageinv · May 30 '18

This concept of tokenizing assets truly brings financial assets into the digital economy as it improves transparency and efficient in the administration of said assets.  Today, in traditional trading assets like stocks, it still takes 3 days to settle trades because of the issue of trusting a 3rd party to deliver assets on a timely and honest manner.  This is incredible given the advances in technology available.  It also increases the cost of said transactions for the whole ecosystem.  Security tokens can transform traditional markets more than many want to believe given the risk it entails for traditional financial institutions.

properties (22)

`author`	newageinv
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t162550677z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 16:25:51
`last_update`	2018-05-30 16:25:51
`depth`	1
`children`	0
`last_payout`	2018-06-06 16:25:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	638
`author_reputation`	264,052,967,141,341
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,463,538
`net_rshares`	0

@rusinho027 · May 30 '18

$0.28

security tokens are very important for any type of transfer in the blockchain, for 22X Fund platforms (batch 22 of 500 Start-ups), CryptoOracle, Kairos.com, Lottery.com, etc. so that they can have their own security token, I particularly like and invest in the polymath project.
But your publication is very good and I will follow that project carefully.
Thanks for sharing, regards.

👍 cryptobobby, rusinho027

`author`	rusinho027
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t161640443z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 16:17:12
`last_update`	2018-05-30 16:17:12
`depth`	1
`children`	2
`last_payout`	2018-06-06 16:17:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.266 HBD
`curator_payout_value`	0.016 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	383
`author_reputation`	37,286,301,645
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,462,380
`net_rshares`	75,443,931,979
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
cryptobobby	0 B		74,449,696,430	100%
rusinho027	0 B		994,235,549	100%

@cryptobobby · May 30 '18

Appreciate the insight and great mention of projects as well. I had a chance to hear the founder of Lottery.com speak at a small security token conference and also am familiar with 22X Fund. This industry should be fun to watch

👍 rusinho027

`author`	cryptobobby
`permlink`	re-rusinho027-re-cryptobobby-what-are-security-tokens-20180530t162613629z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 16:26:15
`last_update`	2018-05-30 16:26:15
`depth`	2
`children`	0
`last_payout`	2018-06-06 16:26:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	227
`author_reputation`	31,310,581,670,551
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,463,591
`net_rshares`	1,013,541,093
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
rusinho027	0 B		1,013,541,093	100%

@ready4them · May 30 '18

It Seems security token should be every crypto freaks bible so as to be guided with it when trading and maximize profits as the trading progresses especially for those who are in the business of crypto trading, your post definitely will be helpful.

👍 ready4them

`author`	ready4them
`permlink`	re-rusinho027-re-cryptobobby-what-are-security-tokens-20180531t024746576z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 18:48:03
`last_update`	2018-05-30 18:48:03
`depth`	2
`children`	0
`last_payout`	2018-06-06 18:48:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	248
`author_reputation`	2,757,278,808
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,481,259
`net_rshares`	555,597,652
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
ready4them	0 B		555,597,652	100%

@stephenthorburn · May 30 '18

What about 'unrecoverable accounts'?

https://steemit.com/crypto/@stephenthorburn/crypto-bombshell-cryptocurrency-s-dirty-little-secret

properties (22)

`author`	stephenthorburn
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t230935424z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"links":["https://steemit.com/crypto/@stephenthorburn/crypto-bombshell-cryptocurrency-s-dirty-little-secret"],"app":"steemit/0.1"}
`created`	2018-05-30 23:09:33
`last_update`	2018-05-30 23:09:33
`depth`	1
`children`	0
`last_payout`	2018-06-06 23:09:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	135
`author_reputation`	152,392,621,375
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,510,864
`net_rshares`	0

@techwizardry · May 30 '18

$2.02

Neo's NEX exchange will be the go-to trading venue for these security tokens in the EU.

👍 gridcoinman, mys

`author`	techwizardry
`permlink`	re-cryptobobby-what-are-security-tokens-20180530t164358940z
`category`	cryptocurrency
`json_metadata`	{"tags":["cryptocurrency"],"app":"steemit/0.1"}
`created`	2018-05-30 16:43:42
`last_update`	2018-05-30 16:43:42
`depth`	1
`children`	0
`last_payout`	2018-06-06 16:43:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.517 HBD
`curator_payout_value`	0.502 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	87
`author_reputation`	32,427,623,326,884
`root_title`	"What are Security Tokens?"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	58,465,800
`net_rshares`	533,532,314,381
`author_curate_reward`	""

properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
gridcoinman	0 B		533,025,333,668	100%
mys	0 B		506,980,713	0.5%