7 ms·
there are secondary community engagement and customer/user retention (lock-in?) benefits to using a token if the token is part of or essential to a yet-to-be-d
by rficcaglia 9y ago
there are secondary community engagement and customer/user retention (lock-in?) benefits to using a token
if the token is part of or essential to a yet-to-be-developed app, but not themselves traded, I cannot see why there would be any sense of an investment. but I would in such cases never market the sale of such tokens as an ICO or crowdfunding. I would offer them up for sale, as a product pure and simple. buy now. use later.
i see it as selling an atari 2600 with no game cartridges, and then selling games later when available.
- wmf 9y agoAll tokens get traded. This is the point that I think a lot of people are missing.
- rficcaglia 9y agoyes, i am missing that...why must all coins be traded? why not just have a coin that is issued once and then spent by the owner? where does it say that exchanges and trading are required? (serious question...is there any such requirement?)
- wmf 9y agoSome exchanges compete to support the most tokens (I guess to earn fees on the trading). If it's possible to transfer a token, exchanges will starting trading it immediately.