Post
Topic
Board Tokens (Altcoins)
Re: [ANN] CanYa l|l Real working product, $2 trillion-dollar market
by
James_CanYa
on 23/10/2017, 17:20:44 UTC
what is the advantage of holding the tokens?

CAN token is a necessary part of the CanYa dApp, this is though our hedged escrow contract. Users and service providers can have full control over the currencies they want to pay in and get paid in, this is only possible though the utility of the CAN token. All payments get converted into CAN tokens, then sent to our hedged escrow contract (Explained above or in our whitepaper) - This ensures that the volatility of cryptocurrency doesn't effect the service providers payment amount.

In terms of the advantages of holding CAN:
  • 1. CAN tokens can be used to pay for real world services
  • 2. CAN tokens are the only accepted form of payment for our premium listing service - Meaning if you want to be at the top of our provider list you must spend CAN
  • 3. Most importantly is our continuous CAN demand model. Our hedged escrow contract demands CAN tokens to function, therefore as users grow > the number of CAN tokens required by the contract grows > CAN token demand grows

A full blog outlining CanYaCoin's value proposition can be found here: https://blog.canya.com.au/2017/10/01/why-participate-in-the-canya-ico-the-can-coin/