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ICOs are token generation events. There is sloppiness in how people talk about utilization tokens versus speculation tokens. An example of a utilization token is when you join a community and create a kilowatt of sustainable energy and it generates a token.

— John Henry Clippinger

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Don’t incur debt. Don’t give up equity and make customers token holders. There will be a lot of new options for public financing. Underwriting will be dramatically different.

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Quote text and notes from Wikiquote: John Henry Clippinger (page history), available under CC BY-SA 4.0. Source quality and labels are our own summary of what Wikiquote records.