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Title: Altcoins vs Tokens - What is more likely to crash the crypto market? Post by: Tipity on January 22, 2018, 06:59:39 PM Hi Crypto revolutionists!
Our analysts believe that altcoins created for the purpose of serving as a p2p currency will sustain and grow the cryptocurrency eco-system, where as crypto tokens created for the use of crowdfunding will eventually halt, slow down and eventually crash the crypto market. What are your views? Sidenote: Tipity is a P2P Altcoin that is a small but hugely important part of the cryptocurrency revolution. Website: https://tipity.xyz Whitepaper: https://tipity.xyz/wp-content/uploads/2018/01/Tipity-Whitepaper.pdf Title: Re: Altcoins vs Tokens - What is more likely to crash the crypto market? Post by: stomachgrowls on January 22, 2018, 08:02:46 PM Hi Crypto revolutionists! I would just like to ask you this, what is altcoin by the way? Which thing are you referring to if you are differentiating it from cryptocoins?. I don't know on what sense is the difference between altcoin and a crypto-token. Please do enlighten me? Our analysts believe that altcoins created for the purpose of serving as a p2p currency will sustain and grow the cryptocurrency eco-system, where as crypto tokens created for the use of crowdfunding will eventually halt, slow down and eventually crash the crypto market. What are your views? Sidenote: Tipity is a P2P Altcoin that is a small but hugely important part of the cryptocurrency revolution. Website: https://tipity.xyz Whitepaper: https://tipity.xyz/wp-content/uploads/2018/01/Tipity-Whitepaper.pdf I have seen the links of that New coin again but I wont bother to read it up until you do answer such questions. Title: Re: Altcoins vs Tokens - What is more likely to crash the crypto market? Post by: Tipity on January 22, 2018, 09:13:33 PM We view altcoins as cryptocoins (currency - something that doesn't expire), and crypto tokens as vouchers that have an expiry.
We believe that a clear distinction needs to be made between the two and reflected on exchanges, they should not be used interchangeably. To take our point one step further.... Crypto-token may run on a decentralised blockchain, but the tokens are pegged to a centralized unit (company). It is our belief that this centralization will limit the cryptoCURRENCY's potential for growth. Does this make sense? |