What do you mean about consensus
It's a common expression to ask what other peoples opinions are. The majority opinion being the consensus.
I don't see any major differences between revenue sharing tokens and those which don't. What's important is the overall economics of a token. Many will not revenue share but there will be a constantly increasing demand for the tokens created by the product as well as some sort of supply reduction through a burn or similar. In that scenario it's logical to expect that token value will increase and therefore holding tokens will generate x profit. This is exactly the same as some revenue share token providing x profit.
What I mean to say is, neither is better than the other, what's important is that the token is distributed and utilized in a useful manner that benefits supporters of the project.
Awesome, appreciate the breakdown. Since revenue-sharing coins have value on exchanges as well as dividend payouts, that duality seems to provide 2x the benefit but you're right, "what's important is that the token is distributed and utilized in a useful manner that benefits supporters". <<< Have to bear this in mind always.
Revenue sharing + blockchain means that w/ one coin or token, you (your kids/kids' kids etc) can earn perpetually. I'm doing some more research into these types of tokens and wanted to get feedback, what's the consensus?
This is a big no-no to me, one of the most popular revenues sharing coin Bitconnectcoin has been tagged as a scam coin because only the devs and the early investors are the ones making the huge profit from late comers if you decide to create one you will likely get tagged as a Ponzi operator.
On twitter/reddit and now here, bitconnectcoin horror stories reach far and wide. Sucks they tainted profit-sharing, hopefully those lawsuits stick smh.
