entity · derived
Utility tokens
Derived node: assembled mechanically from the claims carrying utility-tokens. A roster, not an adjudicated definition.
Every claim under this term
- 3249860-024 : The utility token model dominates the top 100 tokens, but the utility category as coded includes tokens that behave like a security, and no Howey test was performed in this research.
- 5583610-023 : MiCA exempts non-transferable utility tokens like LER vouchers from white paper and issuer authorization requirements, but only while they lack investment characteristics and stay inside a closed-loop