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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: sneakyboi on September 27, 2020, 01:11:54 PM

Title: Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table
Post by: sneakyboi on September 27, 2020, 01:11:54 PM
Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table

Lately, in the crypto scene, everything related to decentralized finance is being considered a gold mine. While DeFi has brought solid projects to the industry, there’s also a hot new craze, and it’s related to food. Everything from yams to burgers is now being converted to a coin and sold like a tasty meal at a food fair, and investors can’t seem to get enough of these food-themed coins.


Learn more about the news here. (https://cointelegraph.com/news/dinner-is-served-here-s-what-defi-s-food-meme-tokens-bring-to-the-table)
Title: Re: Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table
Post by: bananaunana on September 27, 2020, 04:56:51 PM
Honestly, I don't see any use in so many food tokens. It is only greed and speculation to make profit.  Because long-term, who whould buy it? Good coins need a real use case, to make it buy for people and make it interesting as a whole.
Title: Re: Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table
Post by: hair on October 01, 2020, 02:47:16 PM
Quote from: bananaunana on September 27, 2020, 04:56:51 PM
Honestly, I don't see any use in so many food tokens. It is only greed and speculation to make profit.  Because long-term, who whould buy it? Good coins need a real use case, to make it buy for people and make it interesting as a whole.
True, therefore many such projects end in failure due to lack of investor interest.
Title: Re: Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table
Post by: EAA-ALLAH on October 05, 2020, 06:17:51 AM
Quote from: hair on October 01, 2020, 02:47:16 PM
Quote from: bananaunana on September 27, 2020, 04:56:51 PM
Honestly, I don't see any use in so many food tokens. It is only greed and speculation to make profit.  Because long-term, who whould buy it? Good coins need a real use case, to make it buy for people and make it interesting as a whole.
True, therefore many such projects end in failure due to lack of investor interest.
Some DeFi projects are gradually becoming failer projects due to Ethereum platforms because high transactions gas fees and decentralized exchange ieo on uniswap which requires high withdraw costs and fees.
Title: Re: Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table
Post by: Nostoman on October 05, 2020, 01:27:23 PM
Quote from: EAA-ALLAH on October 05, 2020, 06:17:51 AM
Quote from: hair on October 01, 2020, 02:47:16 PM
Quote from: bananaunana on September 27, 2020, 04:56:51 PM
Honestly, I don't see any use in so many food tokens. It is only greed and speculation to make profit.  Because long-term, who whould buy it? Good coins need a real use case, to make it buy for people and make it interesting as a whole.
True, therefore many such projects end in failure due to lack of investor interest.
Some DeFi projects are gradually becoming failer projects due to Ethereum platforms because high transactions gas fees and decentralized exchange ieo on uniswap which requires high withdraw costs and fees.
Yes, There are plenty of DeFi projects on the market right now. But most of these projects are succeeding. But less is failing and most of these failed projects are failing due to increase in ethereum gas fee. It is not possible to make transactions from the amount of budget that is in the project. Because depending on the budget, if the gas fee is compared considering the budget, then it is seen that the gas fee is much higher. So people are facing problems because of these high prices. So I think some projects are not keeping people's promise.
Title: Re: Dinner is served: Here’s what DeFi’s food-meme tokens bring to the table
Post by: hair on October 05, 2020, 01:38:22 PM
Quote from: EAA-ALLAH on October 05, 2020, 06:17:51 AM
Some DeFi projects are gradually becoming failer projects due to Ethereum platforms because high transactions gas fees and decentralized exchange ieo on uniswap which requires high withdraw costs and fees.
There are even some DeFi projects that are scam through bounty campaigns not because of high fees but because they really want to cheat. So be careful with new project of DeFi