Show Posts
There are all this interessting projects. For example tradershub.io.
I found this very interessting. And it is top-rated! But then I looked closely in the whitepaper:
Quote
THT will be Tradershub’s principal payment unit, essentially functioning as an internal currency. THT
is a utility token that can be used to access the platform and its features. It will be used to pay trading
fees, invest in successful traders and automated strategies, access various features/services as well as
incentivize community building and value creation through a dynamic reward system.
THT can also be held as an asset and trade with it. We are well aware of how important it is to get
the support from exchanges and will do our best to list our token on as many reliable exchanges as
possible.
The Tradeshub token will be implemented as an ERC20 compatible token on the Ethereum block
-
chain. Ethereum was the optimal choice for this project due to its broad adoption and industry-stan-
dard for issuing custom digital assets. The compatibility with the ERC20 standard leverages upon the
existing infrastructure advantages of the Ethereum ecosystem.
Tradershub Tokens will:
is a utility token that can be used to access the platform and its features. It will be used to pay trading
fees, invest in successful traders and automated strategies, access various features/services as well as
incentivize community building and value creation through a dynamic reward system.
THT can also be held as an asset and trade with it. We are well aware of how important it is to get
the support from exchanges and will do our best to list our token on as many reliable exchanges as
possible.
The Tradeshub token will be implemented as an ERC20 compatible token on the Ethereum block
-
chain. Ethereum was the optimal choice for this project due to its broad adoption and industry-stan-
dard for issuing custom digital assets. The compatibility with the ERC20 standard leverages upon the
existing infrastructure advantages of the Ethereum ecosystem.
Tradershub Tokens will:
- Be the payment mechanism for accessing and using all features and services on the Tradershub platform
- Fuel a dynamic social rewarding and reputation system
- Be the payment instrument for transaction fees and API calls
- Pay dividends or profits of any kind, including buyback
- Enable holders to vote on company matters
- Control the company or give/imply ownership in any way
So it is just a fiat currency. A useless utility token. Sure you can use it. But no one needs to hold / hodl it. No value! Stupid!
You will loose everything on Utility Token ICOs.
On very very much ICOs, you see these lines.
The truth is, that the real investors put no money into the project. They do an ICO and finance the project by having zero risk. And then they earn the fees of their service. Sure, the fee is payed by using the utility token. But the real project investor can sell the tokens and then the price decreases. So, are ICOs a scam? No. But they are stupid. They abuse you!
Please tell all you friends! I don't want this bubble to be reality! I don't want all these sad people loosing to those risk-off businessman.
This businessmodel is not legit.
- NO DIVIDENDS
- NO BUYBACK
- NO VOTERIGHTS
Did you know this?
Tell your friends!
And read whitepapers!
