Post
Topic
Board Altcoin Discussion
Stellar becoming platform of choice for Tokens
by
ApisCapital
on 19/05/2018, 14:32:31 UTC
Hello,

I have seen more and more movement of tokens being built on Stellar (speed, low tx fees, decentralized exchange). This was especially evident as Consensus because going around the rooms there was distinct chatter that the ERC-20 token standard was just not sufficiently powerful to back a security token economy that is used to having hundreds if not thousands of transactions per seconds (as in the traditional equities markets)

Here is the first Hedge Fund Backed token and it chose Stellar as well

This is not a price speculation because truly I don't know if more tokens being built on the platform would actually drive the price up or not, but for sure it is pointing to a shift away from ERC-20 towards Stellar as the choice for institutional grade tokens.