Abstract: A computer-implemented method and system is provided for creating and exchanging cryptographically verifiable utility tokens associated with an issuing individual. The utility tokens may be in the form of fungible cryptographic tokens which may be traded once created. A fixed number of utility tokens and non-fungible collectible tokens may be created and, during a first phase, value offers to purchase an unspecified number of utility tokens may be received from a first group of users. At the end of the first phase, a final face value per utility token may be determined. A payment transaction may be facilitated in which each user of the first group of users pays the final face value per utility token and receives a number of utility tokens based on that user's value offer. The purchased utility tokens may each be cryptographically linked to the purchasing user.