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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: NZEXToken on September 26, 2018, 09:43:14 AM



Title: Crypto-Commodities will drive you into the future
Post by: NZEXToken on September 26, 2018, 09:43:14 AM
Standardization and interchangeability are two of the most pivotal virtues which attribute fungible features to commodities . Fungibility leads to uniformity of prices of commodities at any place in the world. However, factors like transportation and taxes affect the prices of commodities.

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Title: Re: Crypto-Commodities will drive you into the future
Post by: FirstCryptic on September 26, 2018, 05:39:39 PM
It is necessary to understand this innovation. It seems that this is not new. About two years ago, commodity tokens were created, aimed at providing a real consumer resource. Unlike platforms, such tokens are oriented to a certain industry and are designed to be exchanged for resources from a specific product. Their model depends on the supply and demand for this resource. Demand and supply, respectively, affect the price, and the risks of deficit and surplus are the most common forerunners of raising or lowering the price. Examples of created and working for a long time - STORJ, FileCoin, Golem. At the heart of their work is their own blockchain. Please answer and explain - what's new in your new project?