Topic: PURPOSE OF TOKEN? - page 10. (Read 3303 times)
They are usually a utility token that's going to be used in the platform when the platform itself is live but as you know most project in crypto doesn't have a working platform yet so right now they are used as a speculative asset in exchange. Some of the token act as dividend token and you can get dividend if you hold it in a certain time, they are going to be used in different platform but most of them is utility token.
Fundamentally, there are two main types of coins:
- utility token: it has actually some role like paying with it within the platform or so. Think of a crypto casino for instance, where the coin acts like money to spend.
- security token: it is more like a regular bond, like you buy into a company. If the company performs well you are entitled to some interest with the token as you are the owner too.
- utility token: it has actually some role like paying with it within the platform or so. Think of a crypto casino for instance, where the coin acts like money to spend.
- security token: it is more like a regular bond, like you buy into a company. If the company performs well you are entitled to some interest with the token as you are the owner too.
Hi guys, this just bother me long time ago, and just popped up recently..
What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
Every token is supposed to have a direct working product which it will be used for or service. But that has not being the case with most ICOs as they have been created just to make money. What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
The purpose of most tokens is to line up the pockets of the "developers".
For me the purpose of token is to promote and advertise their project,so that many people will invest in their project thats why they use token for a reason.
Of course this is a good thing, the presence of tokens is a unique color in crypto, the number of which is mostly using the ETH platform, of course, tokens are made with special objectives according to the market they want to achieve like gold, gambling, and so on.
in my opinion, tokens are created to have a purpose because they want to try to provide solutions to existing problems and with a smart contract from ethereum tokens can be created and try to be a solution or as a solution.
Token is designed to make us have coin Token that is commonly used by businesses for regular transactions and especially Token Online transactions are used in the industry where regular online financial transactions row
almost all crypto currency tokens can be exchanged in the exchange site if the token is registered, the token is given to the investor when he invests in the company, the investor will get a token, which can eventually be traded on the exchange site
I think you need to do research if you want to learn and make money. if Token you are talking about is altcoin. They are not just creating it because for your information altcoin or token in in demand in crypto why? Because the price is affordable when you invest there. If you do not know how to use your token or how to invest there
In some cases, tokens are used to finance companies, in which case they work as shares. Other tokens have specific goals that can not be implemented without them. For example casino chips as analogs of tokens or some store loyalty bonuses.
Most tokens have fixed or limited emissions. Their value is often associated with a proposal: if the token is a limited number, but more people want to use the service with their help, the price is rising.
The value of the token is ultimately determined by its intended purpose and demand. Since everyone can release a token in a public blockchain, only well-designed, useful projects can survive.
Most tokens have fixed or limited emissions. Their value is often associated with a proposal: if the token is a limited number, but more people want to use the service with their help, the price is rising.
The value of the token is ultimately determined by its intended purpose and demand. Since everyone can release a token in a public blockchain, only well-designed, useful projects can survive.
Hi guys, this just bother me long time ago, and just popped up recently..
What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
Token can be tradable in some exchange to became fiat or ethereum or stellar or any coin that is under on that platform. You will have token if you participate in some ICO by joining different campaign or what do you call bounty campaign and this token was already called alternative coin. What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
TOKEN can only be a symbol, and I think the role of TOKEN is motivation to motivate people in the community to work together for the project, to motivate the team to work and move forward.
Tokens are those given by ICO's specifically after the plenitude campaign.Once the token is enrolled at grandstand exchange, that is the time you can exchange the token into BTC or ETH whichever you like. Or on the other hand, to obtain more you should hold it for no not as much as a couple of months in light of the way that consistently, its regard will twofold or even triple after 1 or 2 months time. The purpose of the token is to develop their program and get it more known, so people get it or place assets into it. To progress all that we fundamentally need to do is join the variety of bounties they have or basically if they offer this you can get them. If you are planning to win some extra cash I do assume that bounties are the best approach in case you have packs of additional time gazing.
Very easy. On these tokens people will be able to earn. This is the so-called alternative to bitcoin, ether, etc.
Generally tokens have value and you can easily convert them to bitcoin via token to ethereum and then ethereum to bitcoin and in some case you can directly convert them to bitcoin. It all depends on which exchange that token is listed and what are the traeing pairs.
There are some fake airdrops too the tokens you get from them never gets any value so can't convert them to bitcoin
My point is to easily convert them to Bitcoin or ethereum and then ethereum on Bitcoin. In some cases you can convert them to Bitcoin. So tokens are projects that are in the process of building up the need to raise capital to create a new electronic currency. Make sure that these financial amounts are later converted to BTC or ETH as the end result. I think so. There are some fake airdrops too the tokens you get from them never gets any value so can't convert them to bitcoin
The purpose of token is a reward measure to motivate team and project development.
Tokens are shared to individual participants at the end of bounties just as a reward for their good work done. Tokens are given for you to exchange and get something little for yourself. Others also hodl because they have much to spend.
Hi guys, this just bother me long time ago, and just popped up recently..
What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
Its extremely difficult to deal with obligation I know it and the it Tokens are a general term for digital currency. It possibly Bitcoin, Ethereum or other alt coins. Fundamentally a token is a portrayal of a computerized cash. You can trade it to bitcoin by exchangtit to Ethereum first. Likewise, individuals make a greater amount of these alt coins for an opportunity to have the slicd of the digital currency publicity and profit out of it. What is the purpose of token?
I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.
Thank you.
As for example steel.io is an ICO project before that the purpose is about blogging and article making, membership and creation of account you need their token aside from ETH and Bitcoin... some have purpose on their own project...aside from used to trade and hold...
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