#CryptoScamSurge would require that the value of a digital commodity related to a mature blockchain be "substantially derived from the use and functioning of the blockchain," that it not restrict or privilege any users, and that it limit ownership by certain holders to less than 20% of outstanding units, among other things. Maturity (or intended maturity) would be a precondition for certain features of the bill's framework.
The bill would allow a digital commodity issuer to certify to the SEC that its related blockchain is mature and would identify criteria by which the SEC would assess blockchain maturity define mature blockchain as "a blockchain system, together with its related digital commodity, that is not controlled by any person or group.