ANNOUNCEMENT.
29 Jul 2022, 14:36
💎 ANNOUNCEMENT 💎
✅ After our first anniversary in May 2022, we received a Legal Opinion that SafeBLAST (BLAST) is considered a Non-Securities token as defined by the SEC. It is classified as a UTILITY, yes utility token. YES, they did the HOWEY test too and not just based only on the fact that it has a use case.💎
✅ We didn't want to announce this earlier because we needed a 2nd and 3rd independent opinions. We are more than delighted to say, they all agree with what we've known for a long time.
✅ Exchanges like to have these kinds of documents on file, but the SEC also like to chase projects after they grow big, so we had to put that question to rest. Think of this as double checking your fuel and engines before preparing for take off. Ripple is on the verge of wasting over $100M in their SEC case. But our foundation here is getting stronger by the day.
👉👉 As with everything else, you MUST, MUST, MUST always do your own research (DYOR) and know that this is NOT financial or legal advice. As always, the goal is to make SafeBLAST into a unique force in the crypto space and our time is coming.
👉👉SafeBLAST (BLAST) project update will be posted on Monday. Stay Tuned👍