137
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Alternate cryptocurrencies / Altcoin Discussion / Mandatory Deflation Model For Ico's!
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on: October 23, 2018, 01:33:17 PM
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After seeing too many utility tokens dying, i think this kind of thing should implemented.
An utility token has 3 part. Buyer, exchange and seller.
Buyer buys 10 token from exchange, seller sell it on the exchange and buyer takes it back. So if not extreme interest there is no reason for price to grow. And if people won't hold it now like us, it won't have any value at all.
But like some icos, if they put a for example %1 deflation automatic burn.
Buyer buys 10 token from exchange seller recieve 9 and sell 9 token on exchange. And with drop of the circulation, price can have reason to grow. Constantly lesser supply.
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138
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Bitcoin / Bitcoin Discussion / Re: More Regulations For Cryptocurrency?
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on: October 23, 2018, 01:28:44 PM
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Not for cryptocurrency but for icos we need more regulations. Ico owners should do a kyc for preventing fake team members and also, they must put a deflation model for utility tokens mandatory. Otherwise, they are meaningless.
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140
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Alternate cryptocurrencies / Altcoin Discussion / Re: How to find out a legit ICO?
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on: October 17, 2018, 12:32:50 PM
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Well, actually most of the icos are legit. Scam ones really not that much.
But the problem is, even with the best intentions, most of the icos resulting crappy products or worthless tokens. It is hard to find the ico with a quality product because mostly there are just promises on the ico phase and you wait for them to deliver.
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