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Author Topic: Can token be autonomous and succeed?  (Read 3535 times)

Offline Delgboke

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Can token be autonomous and succeed?
« on: July 31, 2020, 11:32:23 PM »
There's many token and crypto currency projects outside blockchain industry trying to colonize people to invest in their projects which many of them act as an agents in such projects that said that such coin or token grow in price value as number of people join the project which made it to be autonomous but my concern is how can such project grow when is not even listed in coinmarketcap or even crypto exchange? Can it succeed?
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Can token be autonomous and succeed?
« on: July 31, 2020, 11:32:23 PM »

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Re: Can token be autonomous and succeed?
« Reply #1 on: August 01, 2020, 11:43:54 AM »
"such coin or token grow in price value as number of people join the project which made it to be autonomous" ???
Does that mean the project has absolutely no advantages in terms of technology & solutions for the ecosystem? Is project coin used only for basic payment like Bitcoin?
In 2017-2018, such a project may be successful because there are not many competitors, but currently they will be destroyed because users will not trust such new candidates. We already have Bitcoin and their hardfork, then DASH, Zcash serve as a means of payment and storage of assets, we do not need other coins if they are not better enough.
Some of the tokens of the IEO projects have been listed and appear on coinmarketcap but their future is not yet safe, so there is no room for the projects you mention.
Their future is only junk coins.
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Re: Can token be autonomous and succeed?
« Reply #2 on: August 01, 2020, 12:07:03 PM »
such coin or token grow in price value as number of people join the project which made it to be autonomous

The value of any coin does not depend on how big the community family members. Basically, the price hike depends on how interested the people and huge demand. Of course the project must be said unique and promising now even in later days and years to gain more investors as the days passed.
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Re: Can token be autonomous and succeed?
« Reply #3 on: August 01, 2020, 12:49:00 PM »
Although some projects are not blockchain, they want to prove that they are suitable for listing in CoinMarketCap. But they can not be successful in any way. As the value of the national currency increases, so does the number of people who join these projects. But I don’t know if they know them or are team members! However, when the cryptocurrency market was good, now such projects would be successful. There was less competition in the market then. But now a lot of competition has increased. So all these projects cannot survive in the competition. For this, exchanges do not want to list low quality tokens.

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Re: Can token be autonomous and succeed?
« Reply #4 on: August 01, 2020, 12:55:42 PM »
There are lot project that think project will be success if they're listed in exchange and coinmarketcap. However, it's not simple like that because price is depend on demand of the coin itself.

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Re: Can token be autonomous and succeed?
« Reply #5 on: August 01, 2020, 01:27:46 PM »
There are lot project that think project will be success if they're listed in exchange and coinmarketcap. However, it's not simple like that because price is depend on demand of the coin itself.
True, there are some coins already listed on the exchange not successful and prices continue to decline even coin is delisting on exchange.
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Re: Can token be autonomous and succeed?
« Reply #6 on: August 09, 2020, 08:24:09 AM »
such coin or token grow in price value as number of people join the project which made it to be autonomous

The value of any coin does not depend on how big the community family members. Basically, the price hike depends on how interested the people and huge demand. Of course the project must be said unique and promising now even in later days and years to gain more investors as the days passed.
The tokens of the distributed networks hereunder provide facilities for automatic benefit tuning in the absence of a third party.

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Re: Can token be autonomous and succeed?
« Reply #6 on: August 09, 2020, 08:24:09 AM »


 

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