The Demise of Utility Tokens? Examining Iconomi and Cofound.it

Summary: Utility tokens are facing a crossroad situation, with the loss of faith from "investors" and questionable utility within their ecosystems. Let's examine the situation of two different utility tokens, Iconomi (ICN) and Cofound.it (CFI), who are handling the changing ecosystem in interesting ways. I firmly believe this will be an important trend to keep an eye on, as the market sours on certain flavors of utility tokens, while other forms of utility may actually gain prominence and use. Iconomi's Blog Post on Moving from a utility token to equity and refunding investors who don't want equity:https://medium.com/iconominet/the-technical-and-legal-side-of-iconomis-transformation-542319b96f0f "Closing Cofound.it as crowdfunding market disappears and presenting good practice for ICOs"https://blog.cofound.it/closing-cofound-it-as-crowdfunding-market-disappears-and-presenting-good-practice-for-icos-796db5e001b8 Margin trade crypto to hedge your portfolio (only for advanced investors and traders):Bitmex - https://www.bitmex.com/register/9taqGR Buy and Trade altcoins on Binance - https://cryptobobby.com/binance Secure your Crypto with a Ledger Nano S: Amazon (faster shipping): https://cryptobobby.com/ledger-amazonLedger (slower shipping, but cheaper): https://cryptobobby.com/ledger Get a Free Trial of Coinigy (the trading/charting software I use):https://cryptobobby.com/coinigy Follow me on Steemit:https://steemit.com/@cryptobobby Follow me on Twitter:https://twitter.com/crypto_bobby Join the Facebook Group:https://www.facebook.com/groups/140921189836895/ Portfolio Tracking:Blockfolio - https://www.blockfolio.com/CoinTracking.info - https://cryptobobby.com/cointrackingBitcoin.tax - https://cryptobobby.com/bitcointax *Some of these links may be affiliate links, meaning if you click and purchase something, I may receive a small commission at no additional cost to you. I only recommend companies and products I personally use, and any commissions help to pay for content creation. Thanks! * ** This is not financial advice and these are simply my own opinions, as such, this should not be treated as explicit financial, trading or otherwise investment advice. This is not explicit advice to buy these cryptos, do you own research.**