Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on October 07, 2018, 11:26:50 AM
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The purpose of the tokens behind each project is basically to create more value to the idea or product of the project. This will in turn facilitate all payment within the ecosystem of the project and create additional sense of value for the coin on the market.
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I guess they want to make our life simply because they build some system which will give us a way to make a transaction and I think every token have different purposes for our life. And for example, we want to pay the electricity, and we only need to search the token that can be used to pay that fee. And if we want to buy food, we can use the other tokens for that. Maybe my description is like this, and I hope that you can understand.
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one of the goals of tokens or coins made is to make transactions easier with digital money, unfortunately not all of these goals are achieved, many up to hundreds of new tokens but lack of empowerment, so the tokens are less well known and eventually die.
but the word vitalik buterin, later there will be a period of coins going towards the function, not a new project, so the coin whose function is not reached will die by itself.
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Token as the value of the project. I think why is the project making tokens. besides being used for transactions, tokens can be used to assess whether the project is good or bad.
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The purpose of the tokens behind each project is basically to create more value to the idea or product of the project. This will in turn facilitate all payment within the ecosystem of the project and create additional sense of value for the coin on the market.
I am sure, all projects have a purpose in how their projects work in real life. in my opinion, in other words, several projects are trying to keep up with the progress of the times and support digital payments, because I have found that some projects have worked directly with existing shopping in several countries
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I think the same things but I see since bearish market there is so much token project that have really bad idea and try to listed in market, its called shitcoin