Top 3 Security Tokens News – Weekly Digest (12 – 18 August)

ZenSports to Begin Issuing Dividends to ‘SPORT’ Holders

The team at blockchain based betting platform, ZenSports, has announced the commencement of dividend payouts associated with their distributed ‘SPORT’ security token. These payouts are to be doled out on a quarterly basis, with the first occurring in early October, 2019. Source

Air Dropping Security Tokens with Republic Crypto

Republic Crypto has recently announced that they are facilitating air dropping of security tokens, on behalf of Althea – an industry first.

This event will see users of the Althea network rewarded with equity in the company, ideally incentivizing growth of the platform. These particular tokens imbue multiple benefits upon their holders. These include, not only voting rights, but dividends garnered from network transaction fees. Source

Former Visa Exec Speaks on the Future of Security Tokens

When security tokens first appeared on the cryptocurrency industry scene ca. 2017, a number of analysts were quick to identify them as the long-awaited “bridge” between crypto and mainstream finance; a perfect marriage between DLT and traditional fundraising methods; the key to widespread adoption. Source

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