Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform.
As an investor I'd feel scammed if I invested in Waves and here is why. On the just released blog message you wrote;
"What about blokchain tokens of our own? Do we want WAVES to be the value transfer token? NO: for that we have Bitcoin. Money transfer is the first killer app of blockchain technology. It wont be the last, but still it will dominate blockchain tech for years to come. But one thing is obvious here, ONE (or a few) cryptocurrencies should be used as a currency, otherwise the network effect which is needed for something to be used as a currency will never be realised. Well be doing our bit to help Bitcoin become the first INTERnational currency (as opposed to NATIONAL currencies). It will be deeply integrated in our platform through a corresponding token, backed by Bitcoin multisig technology and a reputable Bitcoin exchange. It cant be made fully decentralized for now, but we will integrate Bitcoin into a new ecosystem where it can be traded, in a decentralized way, against blockchain tokens effectively creating a decentralized cryptocurrency exchange/crowfdfunding platform. Our killer feature is the ability to trade any token against another token on the blockchain (asset-to-asset). It opens up new dimensions for doing business on blockchains, effectively replicating traditional markets and making Bitcoin trading decentralized."
This implies that there will be absolutely nothing special or unique about Waves tokens, so why the hell should I invest in buying them? To me it just feels like investors got to put in a lot of money buying worthless Waves tokens so you guys can make an innovative platform. Seems to me it's not worth it to invest, like I mentioned in my previous posts, you got to give Waves tokens functionality. If you refuse to do so, it's like investing in air, it's nothing, it has no intrinsic value or purpose other than funding you guys...
"What about blokchain tokens of our own? Do we want WAVES to be the value transfer token? NO: for that we have Bitcoin. Money transfer is the first killer app of blockchain technology. It wont be the last, but still it will dominate blockchain tech for years to come. But one thing is obvious here, ONE (or a few) cryptocurrencies should be used as a currency, otherwise the network effect which is needed for something to be used as a currency will never be realised. Well be doing our bit to help Bitcoin become the first INTERnational currency (as opposed to NATIONAL currencies). It will be deeply integrated in our platform through a corresponding token, backed by Bitcoin multisig technology and a reputable Bitcoin exchange. It cant be made fully decentralized for now, but we will integrate Bitcoin into a new ecosystem where it can be traded, in a decentralized way, against blockchain tokens effectively creating a decentralized cryptocurrency exchange/crowfdfunding platform. Our killer feature is the ability to trade any token against another token on the blockchain (asset-to-asset). It opens up new dimensions for doing business on blockchains, effectively replicating traditional markets and making Bitcoin trading decentralized."
This implies that there will be absolutely nothing special or unique about Waves tokens, so why the hell should I invest in buying them? To me it just feels like investors got to put in a lot of money buying worthless Waves tokens so you guys can make an innovative platform. Seems to me it's not worth it to invest, like I mentioned in my previous posts, you got to give Waves tokens functionality. If you refuse to do so, it's like investing in air, it's nothing, it has no intrinsic value or purpose other than funding you guys...
No, that passage you just quoted does not imply that there will be nothing special about Waves tokens. Just to the contrary, indeed. That passage explains what makes Waves tokens special and unique. As you have quoted, and I suppose you have read the paragraph you quoted, "Our killer feature is the ability to trade any token against another token on the blockchain (asset-to-asset)."
So explain to me what can I do with Waves tokens on the platform that I can't do with bitcoin, dogecoin or shitcoin? Because the text seems to clearly imply that bitcoin will have special functionality and all other crypto currencies on the platform (including Waves tokens) are equal.?
First of all, it needs to be made clear that the name "WAVES" is given to two things. First, the platform, and second, the underlying cryptocurrency in that platform. It is obvious that the demand to use the platform would increase the demand to its underlying cryptocurrency. Thus, what you can do with the Waves tokens is just one side of the coin, the other side being what you can do within the platform. In the paragraph which I assume you have read, what can be done within the platform -in that platform only- is clearly stated.
From an investor's point of view, moreover, the question might be answered in a different way. What you can do with the tokens? You can buy them at a price and then sell them at a higher price. Just like you buy shares of a company. What can you really do with 100 shares of Apple Inc.?