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Investorideas.com – WISE on the rise!


October 29, 2018 (Investorideas.com Newswire) The initial coin offering (ICO) is an innovative crowdfunding model that allows startups to bypass tra-ditional early seed investment.

Not all ICOs are created equal; there are at the very least three types of tokens.

It is difficult to discern what category an ICO token falls into which is why we are reviewing them.

Securities Tokens

A security is a broad classification that refers to any kind of tradeable asset. Through ICOs, investors have access to a wide variety of securities tokens, ranging from redeemable coins for precious metals to tokens backed by real estate.

It was Marco Santori, Cooley LLP Fintech Team Leader, who said that an arrangement is a security if it involves “an investment of money. And a common enterprise. With the expectation of profit, primarily from the efforts of others.”

Utility Tokens
Utility tokens, app coins or app tokens, provide users with access to a product or service.
It is important to note that “utility token” is an organizational distinction-not a legal one. The SEC has not given official guidance on utility tokens, currently they are not subject to securities regulations.

Equity Tokens

One of the most promising applications of Ethereum-based smart contracts is the potential for startups to issue stock-or equity tokens-through initial coin offerings. This benefits startups since the barrier to entry into the financial markets will be much lower than in the past. Blockchain allows shareholders to take a more active role in stock trading in corporate governance.

Why mention these tokens?

Enter WISE.

Wise, is an innovative developer of analog-mixed-signal, system-on-a-chip (AMS-SoC) integrated circuits that empower IoT and mobile networks through blockchain technology while introducing a new concept, radio based IoT.

WISE will soon announce their own ICO, which is called the WRC Token (Wise Radio Token).

This will be a token generated with every radio transmission, and native to blockchain technology. WRC is created using wide range of sweeping radio frequencies that are encoded to achieve advanced security levels. The WRC opens an entire world of possibilities to provide IoT network features similar to mobile app stores, worldwide.

The technology that runs this transactions and how they take place are still a mystery, and it will remain like that until next month. Expect a full report on the whole WISE and its WRC Token this coming November.

This is the first token used by devices, not by people.

A teaser about what’s coming in November has been released already:

Genesis Exchange and Wallet App

GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange.

The powerful GBTDesk aggregator ensuring exchange of cryptocurrencies for fiat currencies under smart contracts without intermediaries is a key element of GBT.

Download the Genesis Exchange and Wallet App at Google Play

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