Post
Topic
Board Announcements (Altcoins)
Re: 🔥[ANN][ICO] Welltrado — Global Blockchain-Backed Loans Marketplace🔥
by
Welltrado_Kim
on 19/03/2018, 13:38:27 UTC
I wonder a bit about how your tokens will solve real life problems, would you give me a primer?

In the white paper you describe WAT, as the utility token to work on your system. Why not just use FIAT?

We are btw. Also working in the FIAT world. Everything else would be an unrealistic proposition. But we can incentivize. And having talked with the leaders from the platforms, they find currencies a huge headache and would love alternatives.

There is a huge potential for our currency acting as an intermediary, and it one of the things we work towards. However it will not happen soon, and it is an aspiration. We will not promise the moon here, but it is worth pointing out that we are in fact not creating a currency without a real valid reason for it's existence.