Re: [ANN][MCAFEE][NIMBUS] Selling And Bartering Goods And Services Via Blockchain
Nimbus Token The Ins and Outs of ICOs PT.3
Coins and tokens
As well as transparency about the team, you should also expect transparency about the fund or finances of the ICO and the tokens you will receive. What are the kind of tokens in an ICO? There are several types.
1) The kind that most people are familiar with is a digital currency. This is something that has a value and can be used as a medium of exchange. If thats the case, then make sure you know where it can be exchanged and what value it is likely to have. There are a lot of digital currencies out there competing for users. What makes this one different or better?
2) The second type of token is a security, which is like a share in a company the kind you would receive in an initial public offering (IPO). There are two complicating factors here: first, securities are regulated in many countries, such as the US, so you need to ensure that you and the ICO are compliant. Few regulators have definitively stated that ICOs fall under their control, but you should be aware that they might. Second, a traditional share in a company might come with certain things such as voting rights or dividends. One thing it will do is give you rights as a part owner of the business. Does the ICO token give you these rights and, if so, how are they guaranteed?
3) A third kind of token is one that provides a utility, such as the right to use the companys service, subscribe to an app or play a game. If you are treating the token as an investment, then you might consider how likely such a token is to increase in value.
4) Then theres a token that is a digital reputation of a physical asset or product, for example gold. This is less attractive for many, since you are really investing in the value of the physical thing, which is less likely to increase at the same rate as many ICO tokens. Whats more, in many cases, you might be able to invest in the physical thing without the ICOs involvement, so its worth asking whether the ICO is really providing an essential service. Once again, you will have to weigh up the claims made in the white paper to decide that.
5) Finally, theres the token that acts as a reward or gives you status in the community. This is symbolic and hard to value, which again makes it less attractive as an investment.
Be sure to check back for more articles that will help you fully understand the Nimbus Token Platform.
For more information regarding Nimbus Token please visit our website at: https://www.nimbustoken.com
Also, if you have any questions regarding Nimbus Token or would like some extra information check out our social media:
Facebook: https://www.facebook.com/NimbusToken
Twitter: https://twitter.com/NimbusToken
Telegram: https://t.me/NimbusToken
YouTube Interview: https://www.youtube.com/watch?v=sJKgfFYpg4k&t=107
Coins and tokens
As well as transparency about the team, you should also expect transparency about the fund or finances of the ICO and the tokens you will receive. What are the kind of tokens in an ICO? There are several types.
1) The kind that most people are familiar with is a digital currency. This is something that has a value and can be used as a medium of exchange. If thats the case, then make sure you know where it can be exchanged and what value it is likely to have. There are a lot of digital currencies out there competing for users. What makes this one different or better?
2) The second type of token is a security, which is like a share in a company the kind you would receive in an initial public offering (IPO). There are two complicating factors here: first, securities are regulated in many countries, such as the US, so you need to ensure that you and the ICO are compliant. Few regulators have definitively stated that ICOs fall under their control, but you should be aware that they might. Second, a traditional share in a company might come with certain things such as voting rights or dividends. One thing it will do is give you rights as a part owner of the business. Does the ICO token give you these rights and, if so, how are they guaranteed?
3) A third kind of token is one that provides a utility, such as the right to use the companys service, subscribe to an app or play a game. If you are treating the token as an investment, then you might consider how likely such a token is to increase in value.
4) Then theres a token that is a digital reputation of a physical asset or product, for example gold. This is less attractive for many, since you are really investing in the value of the physical thing, which is less likely to increase at the same rate as many ICO tokens. Whats more, in many cases, you might be able to invest in the physical thing without the ICOs involvement, so its worth asking whether the ICO is really providing an essential service. Once again, you will have to weigh up the claims made in the white paper to decide that.
5) Finally, theres the token that acts as a reward or gives you status in the community. This is symbolic and hard to value, which again makes it less attractive as an investment.
Be sure to check back for more articles that will help you fully understand the Nimbus Token Platform.
For more information regarding Nimbus Token please visit our website at: https://www.nimbustoken.com
Also, if you have any questions regarding Nimbus Token or would like some extra information check out our social media:
Facebook: https://www.facebook.com/NimbusToken
Twitter: https://twitter.com/NimbusToken
Telegram: https://t.me/NimbusToken
YouTube Interview: https://www.youtube.com/watch?v=sJKgfFYpg4k&t=107