Given that SPN is a utility token to be used on the Sapien platform, it has an economic utility value which is correlated to its usage on the Sapien platform by Sapien platform users which in turn is correlated to the usefulness, versatility, and functionality of SPN on the Sapien platform. SPN’s value may be considered to be derived from its utility value as determined by Sapien platform users and from the supply and demand for SPN outside of the Sapien platform, for eventual usage on the Sapien platform.