RE: A Skeptical view on Tokenization

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A Skeptical view on Tokenization

in crypto •  6 years ago 

My question is always- why do we need for every project an own token?
Imagine you have fiat EURO .but each company would have its own EURO based currency? just why?

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6 years ago by

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      ·  6 years ago 

    Exactly, for most projects, this is the most difficult question to answer. Most of the time it's a way to raise funds being stuck afterward having to find mechanics to give them so-called value.

    There are many projects where it does make sense though. Tokens can be seen similar to stocks of a company.

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