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Author Topic: Converting tokens into company shares  (Read 100 times)
kvekop (OP)
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April 03, 2018, 08:01:27 PM
 #1

Recently LYMPO(LYM) have announced that they will distribute 20% of company shares to token holders. Legally it is impossible to give those shares for free, thus I think they will sell those shares for cents for token hodlers.

What do you think about it ? should it become the new trend in blockchain related projects ? 
 
ModaFuka1994
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April 03, 2018, 08:06:47 PM
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It'll be the new trend if this one will be successful. But I think it's really hard to know if we should invest in this company or not, as you know, it's just a project on the internet, how do we know if they're using real information about their company or not? Or this company is really existed or not? I think it's very risky. Using their token to trade on crypto exchange is still better, I think so.

kvekop (OP)
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April 03, 2018, 08:17:05 PM
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It'll be the new trend if this one will be successful. But I think it's really hard to know if we should invest in this company or not, as you know, it's just a project on the internet, how do we know if they're using real information about their company or not? Or this company is really existed or not? I think it's very risky. Using their token to trade on crypto exchange is still better, I think so.
We can do an research about their team and business plan. In my opinion, its like investing to penny stocks, its quite risky, but those penny stock companies are old fashioned, while [Suspicious link removed]panies are all about the future and new technologies. these factors gives an advantage to such companies 
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