Post
Topic
Board Altcoin Discussion
Re: Question about new projects
by
qazgroup
on 05/02/2021, 20:58:48 UTC
Why do almost 90% of the platforms introduced through this forum have to create their own coins and tokens immediately?
What I've learned about the founders of giant platforms like Paypal, Alibaba, Google, Twitter, Facebook, etc. is that they don't. They just make a platform that really hopes it will be used by people around the world without creating tokens to attract investors early in the journey (maybe they did but it was privately so that in the end we only heard the story). So that when their platform becomes a well-known brand, the money comes naturally through big investors, sponsors, and partners from other well-known figures/brands.

In addition (funnier), platforms with social and community bases that have no purpose or solution to the financial case must force themselves to stay in the mainstream by tokenizing their services which in the end the token creation itself becomes useless.

Why don't the current projects almost all follow in the footsteps of existing famous brands?
Well if the tokenization trend continues im sure all online businesses and enterprises especially those with millions of users will introduce their tokens at some stage with defined utilities and ecosystem as it provides compliance and company can use user funds in shape of retained tokens and users get benefits in shape of low fee, discounts and premium memberships plus they do not have to depend on third party payment services.