Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Breadwinner on September 29, 2018, 12:55:16 AM
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Enough of people just creating tokens just for the sole purpose of trading it in exchanges and making money after the ICO. In order for a token to survive or stand the test of time, there is need for it to have a working product or service it directly supports. This is what a lot of tokens are lacking today.
In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
If we actually want cryptocurrency to survive and appeal to the ordinary people, then we must create ONLY tokens relevant to the society's needs or solves at least a particular societal problem.
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I really like this post because people have nowadays been creating tokens which are now going to work but let's say we have tokens from Samsung, that means we are sure that by all means be a great token and project as well so projects with working products is very important in the ICO world.
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In my opinion, any token to be created should bring in something new. It must be a token that will add value to the society and not just for the purpose of trading it in exchanges and cashing out money.
This not about should anymore, but every token or new token must have and can show their advantages to make peoples interesting with that token, but how you yp know which great token or no? because I see many ICO project/new token come with many great mission and vision, do you know if that real or just a writing? even I found many scam project looks really great project.
But I think the key is from the experienced investors, why? If many experienced investors join and buy that token, we can predict if that token have really great mission and vision.
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I think it is also a goal of many cryptos popping up. but to be able to make it look successful and thus there is still a refusal of the subject who wish to intended recipients such as community and the many facilities that do not yet support this. might be a good idea but the idea for this deployment is still a hard thing.
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I participated in many companies that have a working product and this is not always a guarantee of success, some projects did not collect their money all this because this is not the main thing. The main thing is that the company must have a valid idea that will be in demand in the future. I will give you an example on the company @swachhcoin. The project will pay people for their trash. At the moment there is a 12,5% bonus, you can buy coins by the end of October. I advise you to see the project.
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I agree if an ICO should have a working product to guarantee the successful and the sustainability of a project. I see many failed ICOs because of no good products or almost no real products. It is very risky and make the coins worthless.