CRSM got amazing guidance from somebody....From todays SEC guidance on ICO's. Consumer item tokens not an ICO. Basically if you read this from CRSM their token is on the OK list.
From todays SEC update at the crypto forum discussion.
Regarding ICOs, Hinman also acknowledged that some digital assets could be structured more like a consumer item than a security, particularly if the asset is purchased for personal use and not intended as an investment.
Carsmartt® will utilize the new "COINSMARTT™" where all users of its Carsmartt® app, both drivers and riders and package owners, will pay utilizing a multi-Currency wallet and purchasing COINSMARTT™ for payment. Drivers will receive COINSMARTT™ for their ride payment that can convert into other Crypto Currency assets, such as Bitcoin or Ethereum or actual Cash. Carsmartt® will realize a substantial cost reduction in its Carsmartt® payment platform, e.g. credit card and PayPal transactions, while utilizing COINSMARTT™ which will provide real value to its token where customers will be utilizing COINSMARTT™ for purchases both inside and outside the Carsmartt® application.
