Are TOKENS ever enough? How many COINS???

Ninja Sword

member

Activity: 176

Merit: 10

Quote from: Darkmachine on February 09, 2018, 02:18:38 PM

Here is my question, when doing an ICO, I see some people doing 1 billion tokens, I see some people doing 10million, what are the pros and cons and why would someone make so many tokens or so little? As investors how do we view companies with extremely high token counts and extremely low token counts? Thanks!!

In my opinion. Besides the technical part, it influences the nodes, i believe it is by the distribution in the total value, for example the contract is $ 2 million Dollars with a supply of 100 million TOKENS, so on average its price is $ 0.02, is one of the ways to attract investors.

yura_878

full member

Activity: 308

Merit: 100

The Operating System for DAOs

Quote from: Darkmachine on February 09, 2018, 02:18:38 PM

Here is my question, when doing an ICO, I see some people doing 1 billion tokens, I see some people doing 10million, what are the pros and cons and why would someone make so many tokens or so little? As investors how do we view companies with extremely high token counts and extremely low token counts? Thanks!!

I think that there is no particular difference in the number of tokens, for us, more importantly, the price of the coin, and that the hardcap was not very large, because the profit will not be so great

Xcvbkol

member

Activity: 280

Merit: 10

EQUAL Network Token

this is a very good question, but I do not have a good answer. Perhaps it depends in what sphere the coin will be applied and how much money is involved in the project

Skroojee

member

Activity: 434

Merit: 10

I think that it all depends on the project. Whoever needs tokens just to attach something. And someone needs something to distribute them later not large sums.

bttmember

member

Activity: 938

Merit: 13

AMEPAY

It all depends on the goals of the tokensale, if you want to involve masses small price like $0.001 per token and big supply over billion tokens with no minimum entry is the best strategy, if you want better investors or less investors you can set minimum investment amount like $100, $1000 or $10000 and token price like $1 or $10 so the supply will be less like 10-50 Million range and the tokens will be expensive.

cryptosifu

sr. member

Activity: 378

Merit: 251

It really depends on the platform. For example, a poker or gambling platform project with a max amount of 10,000 tokens isn't reasonable since people will be gambling with a fraction of a token making it harder to keep track of your balances. The amount needs to be reasonable for the purpose. Anything in a trillions is also excessive.

jacafbiz

hero member

Activity: 2128

Merit: 530

PredX - AI-Powered Prediction Market

I really like this your post, I have been looking for how these developers come to decision on how many tokens they are going to have, before it use to be 100 million tokens but now we are now having Billions of tokens. Just look at Kin the number of tokens it has, there was a time the price was less than 1sat

Darkmachine

copper member

Activity: 42

Merit: 0

Here is my question, when doing an ICO, I see some people doing 1 billion tokens, I see some people doing 10million, what are the pros and cons and why would someone make so many tokens or so little? As investors how do we view companies with extremely high token counts and extremely low token counts? Thanks!!

Topic: Are TOKENS ever enough? How many COINS??? (Read 129 times)