Post
Topic
Board Altcoin Discussion
Re: Are there any Altcoins out there backed by real assets?
by
TokenHodlr
on 07/10/2019, 17:30:23 UTC
It would appear thus far that the answer to my question is "not yet".

For example, the recommendations are not backed by real income-producing assets, i.e.
diamonds, gold, U.S. Dollar, as none of these produce income streams. Real assets, by definition,
must produce a yield. Without the yield, price is a pure speculation. The better bet would be owning
the underlying commodities directly, which for the vast majority of us is simply not feasible. This means
that the native token must be built on a foundation of income from operations.