Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: oil.vision on November 29, 2017, 11:28:28 AM



Title: Shared assets
Post by: oil.vision on November 29, 2017, 11:28:28 AM
How do you think, is there a future for shared assets? For example in some big industries like oil and gas, energy etc?


Title: Re: Shared assets
Post by: Catmony on November 29, 2017, 11:38:26 AM
You need to elaborate your question first. What do you mean by shared assets? If you are talking about eth based tokens or altcoins backed by real life assets like gold, silver, oil etc than there are many out there. Only few of them got success, main problem with such assets backed tokens is transparency of the total assets held in the vault.


Title: Re: Shared assets
Post by: oil.vision on November 30, 2017, 06:12:21 AM
You need to elaborate your question first. What do you mean by shared assets? If you are talking about eth based tokens or altcoins backed by real life assets like gold, silver, oil etc than there are many out there. Only few of them got success, main problem with such assets backed tokens is transparency of the total assets held in the vault.

yes, i was basically talking about altcoins backed by real life assets. I want to understand their future generally, in long-time perspective


Title: Re: Shared assets
Post by: cryptodevs on November 30, 2017, 06:14:28 AM
Many coins with that backup assets in real life failed,maybe the real price would vary if all the backup assets were sold in fiat currencies.