Benefits of token swap?

[Andruha1993]

It happens that project managers see the advantages of the new blockchain and the prospect of working on it is much greater than on the current one. Each team has its own experts and each thinks as profitable for the project. It's not about money, it's about the quality of the future product and this is well understood by the project organizers, so they move to another blockchain.

I agree with you, I also think so. We are all always mistaken and the project founders first make their projects on one blockchain and then see prospects in another. Therefore, they decide to switch to it.

[Altcoin1998$]

Yes brother it is a common features in now. Many projects firstly launched its own platform but when they faced a issue then they change their decisions and swap in to others xlm and tron or Blockchain. BIZpaye, OPPopenWiFi, they firstly launched in Ethereum based platform but next time they launched their crypto in to different platforms.

[WhiskeyHoney]

As far as I understand, this will almost not affect the holders

[Nestle]

it depends on the developer who wants the best thing for the price and demand of the enthusiast using the platform from the token. Usually interested people prefer to invest and use tokens that use a familiar and friendly platform.

[tonymillions84]

Sawps are as a result of tokens that has a broken smart contracts or a mis match in the blockchain transcation. i don;t think it is of any benefits. it quite easy to generate New tokens to replace the old ones but token swap has more benefits. token swaps are mostly as a result of attacks on the blockchain that affect the initial contracts.

[Delgboke]

I think one of the benefits of token swap is that if you're opportune to participate during the swap date the price of the token usually go up, so if you sell your token that particular time you will make good profit during swap to another Blockchain platform.

[Senin]

I don't really understand why they want to swap. In fact, they change the price that was high to low. Is it because of the change in the token that we have received? I do not agree with Swap, the number of tokens we become more and drive the price down.

In cases with swaps, the team that always does it in their own interests always wins.
Last year, ethereum was too low in price and this generated a lot of bad rumors about the possible collapse of this coin. Therefore, many teams began to switch to other platforms or create their own blockchain. I do not like to use more and more forms of wallets. If I have a choice, I prefer tokens on the ethereum platform.

[Alcor]

I saw recent year many tokens migrate from one blockchain to another. I am not sure why they do that and how much it cost them to do that? And is that profitable for the company?

Over the past two years, the popularity of ICO projects has gradually fallen, and about 90 percent of new tokens were issued on the ethereum platform. This is one of the reasons why this coin has also fallen in price and popularity. ICO teams tried to use other platforms or even create their own blockchain in order to avoid a drop in their token in the price after it appeared on the exchange.
Now the situation on the cryptocurrency market has begun to change for the better. Ethereum as a percentage grows even better than Bitcoin. Therefore, I do not think that the outflow of new ICO projects from the ethereum platform will continue. Although they will always experiment in this matter.

[Coin63@]

Actually when a project don't achieve its goals and destination with its own platform then it turns into another platforms normally called it swap. I don't support swap because many investors lost their assets due to the token swap information. I already faced such problems also.

[DogeTalk]

price may go up if using a new platform or if they reduce the amount of supply from their tokens. Many argue that swaps will provide better prices than before

[sampoerna]

If it rwally happens, we can get worthier token or coin after the swag program. But most projects give funny ondition where the coin after swap is not be able to receive anymore after swapping. It is necause the third party that make this error, right?

[Keelin]

For users and investors, the degree of participation in the token swap process often depends on where the token is stored. For many people who normally store tokens on exchanges, the ability to take multiple steps to participate in token swaps is very low. More specifically, the Binance exchange said it will handle all of the process technical requirements for the migration of EOS, Tron, ICON, and Ontology.

[Lillian]

token swapping will help Projects experience a lot of delays, when users can swap their tokens. Some projects, such as EOS, have many "difficult deadlines" after which tokens on the old Blockchain will be "frozen" and cannot be accessed.

[Keelin]

token swapping is a feature that allows direct exchange / transaction between Coin with different Blockchain platform without the supervision of a 3rd party intermediary.

[Naimah]

when swapping tokens Both transactions are instantaneous, so there is no opportunity for fraud or intentionally holding the coin. And in the event of one of the parties canceling the transaction midway, the money will be returned to both parties after a certain period of time.