Quote from: celebreze32 on August 08, 2016, 05:08:49 PM

Quote from: adamstgBit on August 08, 2016, 04:54:23 PM

Quote from: celebreze32 on August 08, 2016, 03:13:19 PM

Quote from: Globb0 on August 08, 2016, 03:02:46 PM

So they wont have a variable value? just 1$ and you can one day maybe swap them for 1$ ?

They say the token will have a blockchain, it will start at $1 value, and they will let people trade it (possibly apart from US customers). That suggests it will be like a normal coin with a wallet. If Bitfinex lets people withdraw the tokens then other exchanges will probably start trading it.

where do they say this token will have a blockchain?

In this comment, they say it will be a token on a blockchain so I assume that means it will have its own blockchain unless its like a counterparty asset.

https://www.reddit.com/r/BitcoinMarkets/comments/4wng7l/site_relaunch_bitfinex_blog/d68xbcm

I assume that means it will be a coin premined with the number of tokens they have issued. I don't know if it will be POW, POS, or mineable. All they say is it will have a blockchain, and I can't think of any point of one unless it allows customers to withdraw their tokens to their own wallet.

The tokens name is BFX Omni...so it is OMNI platforms asset (I believe OMNI is former Mastercoin).