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Title: Does a Wrapped Token affects a Coins price? Post by: Tenger on November 15, 2021, 01:27:05 PM Hi. As the title says: Does a Wrapped Token of a Coin affects the price of the Coin? Are there any ICO's where you can buy the Wrapped Token before launching? Is the price of a Wrapped Token equal to the "original" Coin?
Title: Re: Does a Wrapped Token affects a Coins price? Post by: makishart on November 15, 2021, 03:09:26 PM Hi. As the title says: Does a Wrapped Token of a Coin affects the price of the Coin? It doesn't affect the price of real coin. I guess wrapped token = real coin. I meant about wrapped token equally with 1 real coin. that means wrapped tokens is just a new token that backed by real coin but it has 1 = 1 value with the real coin that used to backed the tokens. Are there any ICO's where you can buy the Wrapped Token before launching? Is the price of a Wrapped Token equal to the "original" Coin? There are no any icos like that. As far as i know that wrapped tokens were just an initivative from the developers who wanna try to create a coin that based on another blockchain. Sometime there was a coin that used its native blockchain that can't be integrated or being compliant with another blockchain. Sometime the dev think that they could launch a new wrapped tokens.You can see this on their roadmap whether they have a plan to launch their own wrapped tokens or not. This thing will be done only by a popular project. Launching wrapped token was not an easy thing. |