Quote from: kalstormblessed on September 07, 2018, 09:22:29 AM

Quote from: msninen on September 07, 2018, 09:21:24 AM

Did the TKY team say something about how to reduce velocity on the platform?

First, we dont necessarily agree with the theory of token velocity problem. And on the other hand, TKY can request Validators to hold minimum amount of TKY (for example, at least 20millions TKY) to become eligible as Validator in THEKEY Ecosystem. This will reduce velocity. We reiterated that TKY as utility token will be used in THEKEY ecosystem by participants to obtain the IDV service. There is a supply and demand economy for this kind of token.

20million key tokens is a huge amount to be a validator for thekey ecosystem, thekey token will be needed for their platform and to obtain idv service