Bitwings is a Utility Token and not a Security Token. But did you know the main difference between a utility and a security token?
Frankly, utility tokens are sold to the public through Initial Coin Offering (ICO). These are the non-profit tokens that ONLY allow the investors to use them for purchasing or claiming services that are offered by the company.
On the other hand, security tokens are sold to the public through Security Token Offering (STO). These tokens are straightaway bought by the investors in exchange of money. This also makes them eligible for a part of the profit the company makes, depending on the amount of tokens purchased.
How is Bitwings BWN a Utility Token?
Team Bitwings firmly believes in offering top-class services to its users. However, these priority services can only be bought through the use of BWN tokens which a user must own before making any purchase. Not-to-forget, such services are exclusively offered for the BWN token owners who in-turn introduce one-of-a-kind, sophisticated yet unique innovations in the fields of smartphones, technology and cryptocurrencies.
For instance, two of the most renowned services offered by the team solely for its token users include:
• The first-ever smartphone, also known as Minephone, in the world, capable of mining up to 2 Ethereum per month, is available for purchase with 6000 BWN tokens only.
• 100% secured, safety-assured, triple-level encrypted call technology that allows no VoIP data to flow through the server and cannot be intercepted by ANY third-party access, is exclusively available for BWN token holders only.
Hence, this demonstrates the strength that Bitwings holds by being a utility token, rather than a security!
Stay tuned as we bring about more interesting facts straight from the core of the entire world of Bitwings..
— — — — — — — — — — — — — — — — — — — —