Post
Topic
Board Altcoin Discussion
Re: PURPOSE OF TOKEN?
by
Bunsomjelican
on 07/10/2018, 09:59:49 UTC
Hi guys, this just bother me long time ago, and just popped up recently..

What is the purpose of token?

I can not figure it out because I have one token before and I did not know how to use it and I can not even transfer it to bitcoin. I am just wondering why people keep inventing and creating so much token at all.
I hope I can get POSITIVE response and not some hates and negative one.

Thank you.

Every new token that has been arise in crypto industry, most of them was started to use ERC20 platform before proceeding in the ico project campaign. Then, through whitepaper, and road map of their token they are selling it to the investors in this industry depending on the starting price they want it to be. Through their programs they explains the usage of the token, some are design for remittances, ATM card that accepting crypto's, Transportation, real estate, and more. Then, its price value of the token I think still depend on the support of the community once its been list in the exchange after their project campaign.