{"id":102,"date":"2021-11-10T08:25:26","date_gmt":"2021-11-10T07:25:26","guid":{"rendered":"https:\/\/zjovrrm.cluster031.hosting.ovh.net\/?post_type=article&#038;p=102"},"modified":"2021-11-16T14:54:43","modified_gmt":"2021-11-16T13:54:43","slug":"utility-token-ou-security-token","status":"publish","type":"article","link":"https:\/\/crypto-assets-management.com\/en\/article\/utility-token-ou-security-token\/","title":{"rendered":"Utility token ou security token ?"},"content":{"rendered":"<h4 class=\"wp-block-heading\" id=\"viewer-foo\"><strong>Dans les crypto-actifs, il existe deux grandes familles : les jetons num\u00e9riques et les pi\u00e8ces num\u00e9riques<\/strong>.<br><br><strong>Dans la premi\u00e8re (la famille des jetons), il y a deux sous-cat\u00e9gories : <u>les jetons de s\u00e9curit\u00e9 <\/u>et <u>les jetons utilitaires.<\/u><\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\"><br><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"viewer-fhttn\"><span style=\"text-decoration: underline;\">Les jetons utilitaires :<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-au6aj\"><br>Les \u00ab\u00a0utility token\u00a0\u00bb (jetons utilitaires) sont des jetons num\u00e9riques qui permettent un \u00ab\u00a0droit d&rsquo;acc\u00e8s\u00a0\u00bb aux produits ou services propos\u00e9s par une entreprise. Ils n&rsquo;ont pas vocation \u00e0 \u00eatre des investissements. Les jetons utilitaires ne sont n\u00e9cessaires que dans le cadre sp\u00e9cifique du projet pour lequel ils ont \u00e9t\u00e9 cr\u00e9\u00e9s. Ces jetons ne donnent aucun titre ou part de propri\u00e9t\u00e9 d&rsquo;une entreprise. Les entreprises utilisent ce type de jeton afin de susciter de l&rsquo;int\u00e9r\u00eat pour leurs produits ou services fournis dans les \u00e9cosyst\u00e8mes de blockchains.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-d6bfa\">Tout comme un ticket de m\u00e9tro, il donne acc\u00e8s \u00e0 un service de transport, mais n&rsquo;est pas utile et n&rsquo;a pas de valeur en dehors de celui-ci. Il ne donne pas non plus acc\u00e8s \u00e0 la propri\u00e9t\u00e9 de l&rsquo;entreprise de transport.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-bbomf\">La valeur d&rsquo;un jeton utilitaire est en corr\u00e9lation avec sa demande r\u00e9elle pour l&rsquo;utilisation du projet, mais aussi avec le nombre maximal de jeton \u00e9mis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-9s2el\">Les ventes publiques de ces tokens sont appel\u00e9es ICO (Initial Coin Offering).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"viewer-7a76e\"><br><span style=\"text-decoration: underline;\">Les jetons de s\u00e9curit\u00e9s :<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-ejsuv\"><br>Les \u00ab\u00a0security token\u00a0\u00bb (jetons de s\u00e9curit\u00e9s) sont des jetons num\u00e9riques qui donnent un droit de propri\u00e9t\u00e9 sur un actif non-num\u00e9rique de la vie ext\u00e9rieure. Ces jetons sont soumis aux lois f\u00e9d\u00e9rales qui r\u00e9gissent les valeurs mobili\u00e8res.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-6pqqj\">Nous pouvons par exemple, offrir sous forme de jeton de s\u00e9curit\u00e9 la repr\u00e9sentation num\u00e9rique des actions d&rsquo;une entreprise, ou des droits de propri\u00e9t\u00e9 d&rsquo;un immeuble.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-4l6qq\">Les acheteurs de ce type de token esp\u00e8rent tirer profit de leurs investissements comme pour des actions. Les jetons utilitaires exploitent la rapidit\u00e9 et l&rsquo;efficacit\u00e9 de la technologie blockchain tout en b\u00e9n\u00e9ficiant des mesures r\u00e9glementaires gouvernementales offrant une protection contre la fraude.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-c9ton\">Les ventes publiques de ces tokens sont appel\u00e9es STO (Security Token Offering).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"viewer-ad8pe\"><br><span style=\"text-decoration: underline;\">Le test de Howey :<\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-bp40q\"><br>Ce test a \u00e9t\u00e9 institu\u00e9 par la Cour supr\u00eame des \u00c9tats-Unis en 1946 afin de permettre une identification de la cat\u00e9gorie d&rsquo;un actif. Puisqu&rsquo;un jeton est un actif, il suffit que l&rsquo;une des conditions suivantes soit valid\u00e9e pour classer un token dans la cat\u00e9gorie des tokens de s\u00e9curit\u00e9, l\u2019investissement est :<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-5n6l8\">&#8211;&gt; r\u00e9alis\u00e9 avec de l&rsquo;argent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-fgvup\">&#8211;&gt; effectu\u00e9 dans une \u00ab\u00a0entreprise normale\u00a0\u00bb, \u00ab\u00a0centralis\u00e9e\u00a0\u00bb.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-7td6v\">&#8211;&gt; ex\u00e9cut\u00e9 avec la volont\u00e9 de profit gr\u00e2ce aux efforts g\u00e9n\u00e9r\u00e9s par le promoteur ou des tiers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-b59ka\">Si aucune de ces trois conditions n&rsquo;est remplie pendant le test, alors cela signifie que le jeton \u00e9tudi\u00e9 est utilitaire.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\" id=\"viewer-chouq\">Il est difficile de pouvoir faire la diff\u00e9rence entre ces deux types de jetons, mais j&rsquo;esp\u00e8re avoir pu vous rendre les choses plus claires !<\/p>","protected":false},"author":2,"featured_media":0,"template":"","categories":[4],"class_list":["post-102","article","type-article","status-publish","hentry","category-crypto-actifs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Utility token ou security token ? - Crypto Assets Management<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crypto-assets-management.com\/en\/article\/utility-token-ou-security-token\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Utility token ou security token ? - Crypto Assets Management\" \/>\n<meta property=\"og:description\" content=\"Dans les crypto-actifs, il existe deux grandes familles : les jetons num\u00e9riques et les pi\u00e8ces num\u00e9riques. Dans la premi\u00e8re (la famille des jetons), il y a deux sous-cat\u00e9gories : les jetons de s\u00e9curit\u00e9 et les jetons utilitaires. Les jetons utilitaires : Les \u00ab\u00a0utility token\u00a0\u00bb (jetons utilitaires) sont des jetons num\u00e9riques qui permettent un \u00ab\u00a0droit d&rsquo;acc\u00e8s\u00a0\u00bb [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/crypto-assets-management.com\/en\/article\/utility-token-ou-security-token\/\" \/>\n<meta property=\"og:site_name\" content=\"Crypto Assets Management\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-16T13:54:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/crypto-assets-management.com\/wp-content\/uploads\/2023\/11\/cropped-Nouveau-logo-or-sur-blanc.png\" \/>\n\t<meta property=\"og:image:width\" content=\"512\" \/>\n\t<meta property=\"og:image:height\" content=\"512\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/article\\\/utility-token-ou-security-token\\\/\",\"url\":\"https:\\\/\\\/crypto-assets-management.com\\\/article\\\/utility-token-ou-security-token\\\/\",\"name\":\"Utility token ou security token ? - Crypto Assets Management\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/#website\"},\"datePublished\":\"2021-11-10T07:25:26+00:00\",\"dateModified\":\"2021-11-16T13:54:43+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/article\\\/utility-token-ou-security-token\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/crypto-assets-management.com\\\/article\\\/utility-token-ou-security-token\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/article\\\/utility-token-ou-security-token\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/crypto-assets-management.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Utility token ou security token ?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/#website\",\"url\":\"https:\\\/\\\/crypto-assets-management.com\\\/\",\"name\":\"Solution de gestion sous mandat de portefeuille de crypto-actifs\",\"description\":\"Investissez sereinement dans les crypto-actifs avec notre solution de gestion sous mandat de portefeuille pour particuliers et entreprises\",\"publisher\":{\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/crypto-assets-management.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/#organization\",\"name\":\"Solution de gestion sous mandat de portefeuille de crypto-actifs\",\"url\":\"https:\\\/\\\/crypto-assets-management.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/crypto-assets-management.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/cropped-Nouveau-logo-or-sur-blanc.png\",\"contentUrl\":\"https:\\\/\\\/crypto-assets-management.com\\\/wp-content\\\/uploads\\\/2023\\\/11\\\/cropped-Nouveau-logo-or-sur-blanc.png\",\"width\":512,\"height\":512,\"caption\":\"Solution de gestion sous mandat de portefeuille de crypto-actifs\"},\"image\":{\"@id\":\"https:\\\/\\\/crypto-assets-management.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Utility token ou security token ? - Crypto Assets Management","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/crypto-assets-management.com\/en\/article\/utility-token-ou-security-token\/","og_locale":"en_GB","og_type":"article","og_title":"Utility token ou security token ? - Crypto Assets Management","og_description":"Dans les crypto-actifs, il existe deux grandes familles : les jetons num\u00e9riques et les pi\u00e8ces num\u00e9riques. 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