Regulatory Overview
The value of a creator's Coin is not an investment. Fans and followers of creators buy Coins for very different purposes. Coins are used to power the digital economies of creators as cryptocurrencies used to tip and pay for services, merchandise, special content, or other benefits offered by the creators who launch them, and also as digital tokens to provide intrinsic value to holders by giving them exclusive engagement opportunities with their creators—like a digital fan club. Purchasing them and holding them passively as investments does not fulfill the purpose or promise of a creator's Coin.

