Post
Topic
Board Altcoin Discussion
Re: Why does every project create a native token?
by
CK485
on 02/08/2024, 09:32:33 UTC

it just seems like all projects are having their native token for no reason these days and my guess is maybe to make profit from the market  but most of them claim holding it gives you privileges that are mostly meaningless. I was just surprised when I saw Orderly network having a token

I think it's for profit or do you guys think most native tokens are actually useful?

many uses and support a project to always run as expected, as a gateway to additional services or a better user experience, and facilitate decentralized exchanges so that everything can be traded or stored like cryptocurrencies, is an important part of every related project, this token is designed to always be easy to use to improve more optimal performance, the success of your project depends on this insight.