Post
Topic
Board Altcoin Discussion
Re: Question about new projects
by
kingzpro
on 25/02/2021, 16:27:06 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?
Yeah tokenizing with new coins or tokens seem bizzarre to the users but it is basically a need now a days to create internal ecosystem and also give control to project owners alongwith financial power where they can liquidate their tokens as and when required for the development or promotion of the project.