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Topic: [ANN] MultiToken enables anyone to create globally distributed crypto-funds (Read 2744 times)

brand new
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Merit: 0
MultiToken Is Now Available on CoinbaseWallet!

CoinbaseWallet is an open financial system with a super easy interface and high level of security. In other words, a perfect place for MultiToken storage 🛡️
Find out more about CoinbaseWallet there 👇
https://wallet.coinbase.com/

I've been absent for a while and can't recognize what's going on. The team is moving this project so rapidly.  Roll Eyes
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Have you already heard the latest news???  Roll Eyes Look at their telegram group.

They were invited by Y Combinator for an interview  Shocked

Lol It looks like you guys don't know what Y Combinator is  Shocked

Ha! Of course, we do! It's the most influential venture fund in the world  Wink
This is really a good news.
brand new
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Merit: 0
Wait, I'm not sure I quite understand it. With anyone creating crypto-funds, will it make the market oversaturated or something?

Of course not, in fact, the number of tokens in the market will not change, they will simply be stored, rebalanced, etc. within these funds.

Multitoken is not the same as MTK . Multitoken is a portfolio of tokens, and MTK is a token to be released. Holders of MTK token get exchange fees by holding MTK on MultiToken.
Amount of MTK token inside multitoken defines probability this multitokens to be chosen as an exchange for concrete trade operation.
Does this mean that Multitokens without MTK will be limited in rebalancing?

Daily trading exchanges limit will be set while you create your MultiToken. You can choose between two options - certain percent of token price or fixed amount depending on the type of rebalancing chosen. All the exchanges done through this MultiToken will lie in those limits. MultiTokens which will include MTK tokens will be involved in the exchanges more often than without it. This feature is still to be determined and some details much change in the future.

This is the answer I've been searching for  Roll Eyes Thanks!
brand new
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Correct me if I'm wrong. So if multitoken includes MTK then it will be more likely this multitoken will be used for exchanges instead of multitoken without MTK, is that true? Roll Eyes

As far as I understand - yes!  Roll Eyes It will be so.
brand new
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What is this advantage your project over Bancor has? Can you describe it in more details?  Huh
full member
Activity: 196
Merit: 101
multitoken.com
MultiToken Is Now Available on CoinbaseWallet!

CoinbaseWallet is an open financial system with a super easy interface and high level of security. In other words, a perfect place for MultiToken storage 🛡️
Find out more about CoinbaseWallet there 👇
https://wallet.coinbase.com/
newbie
Activity: 6
Merit: 0
Have you already heard the latest news???  Roll Eyes Look at their telegram group.

They were invited by Y Combinator for an interview  Shocked

Lol It looks like you guys don't know what Y Combinator is  Shocked
newbie
Activity: 189
Merit: 0
Guys what about multitokens that not active right now. When you allow to bundle it ? I think there is a good baskets , and want to try it.
Which one would you like to combine tho? Huh
newbie
Activity: 6
Merit: 0
Have you already heard the latest news???  Roll Eyes Look at their telegram group.

They were invited by Y Combinator for an interview  Shocked
full member
Activity: 196
Merit: 101
multitoken.com
Quote

This is the answer I've been searching for  Roll Eyes Thanks!

You are welcome, feel free to ask any further questions.
newbie
Activity: 57
Merit: 0
Arbitrators are those who try to buy something cheaper somewhere and sell for a more expensive price; they are now working very actively. In fact, they need to control Multitoken balance. Exchanges, in turn, occur constantly, depending on the parameters set.
Now it became clearer. It looks like it will be something universal. In this case, there may be good liquidity.  Smiley
full member
Activity: 196
Merit: 101
multitoken.com
Daily trading exchanges limit will be set while you create your MultiToken. You can choose between two options - certain percent of token price or fixed amount depending on the type of rebalancing chosen. All the exchanges done through this MultiToken will lie in those limits. MultiTokens which will include MTK tokens will be involved in the exchanges more often than without it. This feature is still to be determined and some details much change in the future.
exchange and arbitration are different things? how should it work?

Arbitrators are those who try to buy something cheaper somewhere and sell for a more expensive price; they are now working very actively. In fact, they need to control Multitoken balance. Exchanges, in turn, occur constantly, depending on the parameters set.

Correct me if I'm wrong. So if multitoken includes MTK then it will be more likely this multitoken will be used for exchanges instead of multitoken without MTK, is that true? Roll Eyes

Yes, it is. Holders of MTK token get exchange fees by holding MTK on MultiToken.
Amount of MTK token inside multitoken defines probability this multitokens to be chosen as an exchange for concrete trade operation. This feature is under discussion and changes are possible in the future.

Guys what about multitokens that not active right now. When you allow to bundle it ? I think there is a good baskets , and want to try it.

This Multitokens will be available when we release our Bridge Protocol. So stay tuned.
newbie
Activity: 13
Merit: 0
Guys what about multitokens that not active right now. When you allow to bundle it ? I think there is a good baskets , and want to try it.
newbie
Activity: 189
Merit: 0
Correct me if I'm wrong. So if multitoken includes MTK then it will be more likely this multitoken will be used for exchanges instead of multitoken without MTK, is that true? Roll Eyes

As far as I understand - yes!  Roll Eyes It will be so.
Thank you for the clarification! Much appreciated.  Grin
newbie
Activity: 189
Merit: 0
Correct me if I'm wrong. So if multitoken includes MTK then it will be more likely this multitoken will be used for exchanges instead of multitoken without MTK, is that true? Roll Eyes
newbie
Activity: 57
Merit: 0
Daily trading exchanges limit will be set while you create your MultiToken. You can choose between two options - certain percent of token price or fixed amount depending on the type of rebalancing chosen. All the exchanges done through this MultiToken will lie in those limits. MultiTokens which will include MTK tokens will be involved in the exchanges more often than without it. This feature is still to be determined and some details much change in the future.
exchange and arbitration are different things? how should it work?
full member
Activity: 196
Merit: 101
multitoken.com
Wait, I'm not sure I quite understand it. With anyone creating crypto-funds, will it make the market oversaturated or something?

Of course not, in fact, the number of tokens in the market will not change, they will simply be stored, rebalanced, etc. within these funds.

Multitoken is not the same as MTK . Multitoken is a portfolio of tokens, and MTK is a token to be released. Holders of MTK token get exchange fees by holding MTK on MultiToken.
Amount of MTK token inside multitoken defines probability this multitokens to be chosen as an exchange for concrete trade operation.
Does this mean that Multitokens without MTK will be limited in rebalancing?

Daily trading exchanges limit will be set while you create your MultiToken. You can choose between two options - certain percent of token price or fixed amount depending on the type of rebalancing chosen. All the exchanges done through this MultiToken will lie in those limits. MultiTokens which will include MTK tokens will be involved in the exchanges more often than without it. This feature is still to be determined and some details much change in the future.
full member
Activity: 560
Merit: 100
the project is unusual, especially against the background of what is now on the market. big question is of course the code and how much they can do everything correctly. all the same here is not just an erc token, but something much larger. im will observe and think that if everything works out, the price will definitely increase. such interesting projects are always growing.
sr. member
Activity: 658
Merit: 250
Wait, I'm not sure I quite understand it. With anyone creating crypto-funds, will it make the market oversaturated or something?
newbie
Activity: 57
Merit: 0
Multitoken is not the same as MTK . Multitoken is a portfolio of tokens, and MTK is a token to be released. Holders of MTK token get exchange fees by holding MTK on MultiToken.
Amount of MTK token inside multitoken defines probability this multitokens to be chosen as an exchange for concrete trade operation.
Does this mean that Multitokens without MTK will be limited in rebalancing?
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