Post
Topic
Board Announcements (Altcoins)
Re: [PRE-ANN] WAVES. Ultimate crypto-tokens blockchain platform.
by
JollyTrades
on 04/04/2016, 23:51:54 UTC
Sorry for sounding harsh, I appreciate you are willing to help me out (although I am sure it's not because of altruism lol  Cheesy ). Nevertheless, as an investor I am sure you realise that I am only interested in ROI. And your comparison does not quite make sense for me as an investor. When I buy shares I own a piece of a company, when I buy Waves tokens I own a coin that has less functionality than for example dogecoin. Because dogecoin can also be used just as well as Waves tokens on the Waves platform, but it also has functionality outside of the platform. So to me, it seems like investing in Waves tokens is like investing in absolutely worthless vanilla coins that people can buy when they feel like it, but why should they if they can just as easily put some dogecoins on the platform or any other crypto currency? As long as there is no clear connection between the Waves platform and the Waves tokens I simply can't see good prospects of a decent ROI...I like the idea of the platform though and I appreciate your responsiveness, I hope you will value my feedback and think things through...  Wink

I see your point. You are asking the special relationship between "Waves the platform" and "Waves the coin." The network fees in the platform will be paid only in the underlying cryptocurrency, that is the essential connection. In order to operate in the platform, you will first need to buy the tokens. Otherwise, you would be right in your point that buying Waves tokens is meaningless from a purely investor approach.

You do realize that Uphold already has a working asset to asset business, ready now to use? Why would avg Joe want to use WAVES as opposed to already available, easy to use Uphold?

There is no user-created crypto-assets in Uphold. No financial intermediary institution can create its own assets without the assent of the company. No crowdfunding project can raise money there. So Uphold is basically and essentially a company, not a crypto-platform.