In a playful and pointed commentary on the SEC’s approach to cryptocurrencies, a new ERC-20 token called HOWEY is being launched. Taking its name and inspiration from the SEC’s 2018 meme coin, “Howey Coins”, HOWEY aims to utilize the power of meme coins to expose perceived inconsistencies in the SEC’s stance on crypto and to support legitimate crypto projects that have been unfairly targeted by the SEC.
While “Howey Coins” was a tongue-in-cheek creation by the SEC to educate investors about ICO risks, HOWEY is a real, usable token.
