Hello, community! 🤗
We believe that the token to the Blockchain 🔗 is what the email is to the Internet, a tool to represent and transfer value. Tokens will be at the heart of the future economy as an efficient funding tool, providing liquidity to traditional assets and leading to the emergence of decentralized business models.
Balaji Srinivasan wrote in his progressive post called “Reflections on Tokens”:
📝... tokens are more likely not like securities, but paid API keys. Nevertheless, financing technologies using tokens in the USA allows achieving liquidity a thousand times faster than traditional methods, and the circle of potential buyers is 100 times wider. It’s like Kickstarter on steroids, which opens up the possibility of financing projects that venture capital has bypassed before - for example, open source protocols or quick-return projects.
We think tokenization is one of the biggest promises of Blockchain Technology by providing more efficiency, liquidity, integrity and transparency of exchanged assets. Tokenization has a big role to play in the future economy.
Liquidity is a major problem 😥 when your crypto asset enters the secondary market, due to a lack of enough market makers. In that fact the bid-ask spread becomes more important, as selling prices become too high and the asking price, too low. When this happens, the crypto asset affected is becoming illiquid.
✅ TOZEX aims to improve crypto assets liquidity because it encourages widespread adoption of crypto assets from the belief that the market deserves a safer and more efficient exchange to facilitate trades between consumers within the network. Presently, a lot of crypto assets traders have to place their faith and trust in centralized exchange.
✅ TOZEX Reserve provides a new decentralized liquidity mechanism to the market by involving the project owner and market makers at different stages of the crypto asset lifecycle.
✅ Indeed, the project owner often called the team behind the project stays after the successful completion of the crowdfunding phase with an important amount of their native tokens around 7 to 15 % of the total supply. A portion of this amount could be affected to provide more liquidity on the market instead of staying vested for years.
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That's good that you post news here and Tozex has innovative ideas, I wish you will rise soon