Bitcoin Forum

For those pro here what is the benefits of creating token ?

I am no pro but I think the benefit is that it is easier to create and manage but other than that I cant think of many reasons.

creating token can help some project held an ico and very easy to use , is it a benefits?

you can trying to  create your own token that will be fine

YOu can try to start to tokenization your service. I mean if you are building business and you can try to use token as a part or new method in your business. But most of people don't know about the usefulness of the tokenization itself.

You can create a token and say that it is worth something then sell it to the people who belived you. Many companies create tokens via ico, some of them have no use case. I don't like omisgeGo it is way overvalued for being just an erc20 token. I like coins who have their own blockchain and miners thats why they are better, if you look at coinmarket cap you will see that these are the strongest coins in the whole crypto world. I hope you will not create another erc20

Creating new tokens and ICO projects will only benefit the founder cause creating this tokens can make quick money or lots of profit depending if that project is successful or not. If it is, then the investors will get double or triple their money once the new coin launch but most ICO this days are just scams i rather do airdrop coins.

Lots of people create tokens and ICo's as a way of crowdfunding

naturally its all about money,
every tokens creators are created tokens for Bitcoin or money,
because if they do an ICO they will collected the funds for implementated their roadmap,
if the creator is a good people everything will be fine but if the creator is a scammer, they will never do anything after they got the funds

It depends on the token and the reason of why you are creating that token in the first place, I have seen many projects that the first thing I think when I see them is, why do we need a token for that? However there are some ideas that are worth it and it makes sense to create a token for that, an example of that are casino tokens, casino tokens are very close to shares that you have and receive a dividend depending on the amount of tokens you have.

for most projects here = long term no benefit for investors.

eth and other platforms allow too many dreamers to create an ANN thread with an exciting whitepaper they have no way to ever deliver.

I guess as software they are considered a utility or a security? But, Usually they serve to enrich the creator and those that the tokens are distributed to most and first.

There is no benefit to making a token. The coins that rely on another coin to thrive is not something that anyone would want to use.

as the use might gives of reference with the accounting of finance as delivering service to public audience,
developer might focusing with the rest on preparing use with the manage of development and stands with the beginning focus as becoming part of the business with the crypto finance.

Properly used a token provides a utility that wouldn't otherwise be possible. In our case it enables a trustless organisation to be formed around a marketplace for the selling and purchasing of computation power specifically tailored to our web services. It's at the heart of our platform, and it is difficult to see how we could achieve our aims without the existence of a token as a unit of value.

Use token as a part of new method in your business, create a token and say that it is worth something then sell it to the people who believed you. Maney companies create tokens via ico, to sell and sell your product I.e. token medium is the people to sell their goods to reach them.Through the tokens the firm also gets the  benefit and the people also earn.