RE: Ethereum killer app: Curation Markets

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Ethereum killer app: Curation Markets

in crypto •  7 years ago 

It is an interesting idea. However, I can see that people may simply choose to sell the token to reduce the cost of ownership of the product they just bought. So this may not accurately reflect their sentiment about the product.

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Thanks for the input @amexperts. Took some time to meditate on this.

Yes, I could see that phenomenon happening for average products, however the cost of ownership is similar to any digital currencies or Erc20 tokens (ie a single eth address can be associated with a bunch of these).

Right now with hardware wallets like Trezor, you can have multiple accounts/addresses for supported currencies. Therefore for awesome products, holding their tokens will be like holding some btc or eth in speculative terms.

PS: [For Trezor] The maximum number of accounts per currency per wallet is 10: https://blog.trezor.io/wallet-accounts-and-addresses-bdfa6b66b037