Post
Topic
Board Altcoin Discussion
Re: Thoughts on exchange tokens?
by
robelneo
on 14/03/2021, 06:44:10 UTC
I'm keen to know what the general consensus is on the value and utility of all the tokens that exchanges and crypto portals release. Are there too many of them in the market? Or is there an obvious market need that such tokens serve?

There is value in those tokens provided that the company that released them had a platform that will help the community grow, like Binance and Kucoin, I have promoted and invested in some of these tokens in their ICO stage but unfortunately, the majority of these are profit-driven and they cannot keep up with the competition in the market, there are few exchanged based token doing crowdfunding now, not unlike before where there are at least 4 to 8 new tokens.