Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO]🌱SMARTLANDS - ✅first ICO on 🚀Stellar platform 02.11.2017! Reserve NOW!
by
QueenOfCrypto
on 03/11/2017, 00:42:07 UTC
Hmm.. so it's like an ICO for a token that will be used as the most basic unit of exchange on a Smartlands Exchange (yet to be built) that will list tokenized agricultural assets that have been vouched for by Smartlands. So Smartlands will act as a regulator of sorts on their exchange I take it. Smartlands will pay for all this initially using the money from this ICO which is not regulated (kind of ironic). Well I guess it could work. I'm not sure if the agricultural folks will pay for Smartlands when they could just cut out the middle man and issue their own token though. Will depend on what benefits being listed on Smartlands will provide versus any other exchange.

This point has already been answered, but to put it short there is a reason for middle men to exist, and this reason is specialisation. Smartland will have first mover advantage, and agricultural folks will prefer to use the services of smartlands because Smartlands will be specialized in those services while anyone else would have to start from zero for doing what they are not specialised to do.