CTF Written Submission

Recommendation Letter

March 27, 2025
  • Recommendation for exemption from locking period for Social-Mined Tokens (ST+) under STO+ classification.
  • Definition and distinction between ST (Security Token) and ST+ (Social Mining Token).
  • Proposal for regulatory distinction where ST+ tokens retain utility-only classification during non-tradable, in-platform phase.

Last Reviewed or Updated: April 3, 2025