These POWRs, in turn, are tradable on the Ethereum blockchain, and may also be transformed to Sparkz, the foreign money that Energy Ledger has set up for its customers to commerce electrical energy. Last week, the SEC warned buyers to watch out for ICO scams This week, China went so far as to ban ICOs , and other governments might observe go well with.
Crypto-tokens can be utilized to switch voting powers - a bigger share of tokens giving more voting energy - in some initiatives , but more often those tokens are simply that - models of currency that you can ship to different users and alternate for other currencies.