Great post. I've been thinking along these lines myself. Utility tokens will hold their worth more than simply the next shiny thing. 

I was toying with the idea of creating my own token for the island I live on, as there could be plenty of real-world uses when you consider the different Hive apps that interact with tokens.

The problem I have right now is that much of the information I am reading online suggests that just going ahead and creating a token (as an amateur enthusiast running a Hive community) might potentially lead to legal difficulties.

It seems that crypto-tokens fall into various financial regulatory categories (depending on your location), and that to run one, issue one and make one available on an exchange requires you to register with financial regulatory authorities and provide certain legal assurances.

Whilst this may all be fine for a fortune 500 company, what happens to us independent crypto enthusiasts just wanting to build a utility token for our community?