RE: Etherparty Analysis Part 1: The Basics

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Etherparty Analysis Part 1: The Basics

in crypto •  7 years ago 

Etherparty, is Ethereum of the masses! Its really cheap right now so its a great time to buy!

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7 years ago by

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      ·  7 years ago 

    I would say smart contracts for the masses, since you can do much more on the Ethereum network. What do you think of my analysis so far? Any questions, remarks or feedback? How do you feel about my doubts regarding the token? For now, I'm a lot more hesitant to buy compared to when I covered REQ.

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        ·  7 years ago (edited)

      Yes, I see that but I believe that FUEL is a better investment that REQ because it doesn't have competitors...

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          ·  7 years ago 

        Great work! I like the idea of pegging the cost to a USD value. If it were pegged in FUEL, the cost of the service would fluctuate as the value of the currency fluctuates. People would be less willing to use the service when the value is high, creating an incentive with a negative effect on the value. Does this make sense?

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            ·  7 years ago 

          It makes sense but why even bother with the FUEL token? Seems like this application could do fine without it.

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              ·  7 years ago 

            Are you suggesting that they should just except payment in already existing cryptos and fiat? The benefits of offering a token include raising funds, establishing value and building an identifiable community of support. People are more likely to spread the word about a specific project if they can gain from the increase in support and value. A token is a good marketing tool too. What do you think?

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