Hey guys, I have a question regarding eth tokens.
I can see many ethereum tokens projects and airdrops each week atleast. But my question is, why would i prefer BAT over BTT and both over XXX since they are all use the same engine (all under ethereum with exactly same functions)? And after that, I see they have diffrent price, market.
I can see ANNs of the projects announce diffrent titles, but in the end they doesn’t differ any thing. Unlikely for example, the comparison between too coins, for example bitcoin vs eth, we may say bitcoin fee is better than eth fee, oh thats why I love btc, bitcoin is first currency, thats why the most money invested into it, etc...
How could bat gain a lot of money invested into it, but XXX didn’t?
Please correct me. Human mistakes.
Ethereum tokens are using same blockchain (Ethereum blockchain), not same engine mate.
I think we should understand what is the purpose of Ethereum blockchain first.
Startup companies can issue new token on Ethereum blockchain as their asset, therefore many tokens created from different companies.
That's why the price of tokens are different although they are on the same Ethereum blockchain.