Apart from trading where else to use crypto?

[batang_bitcoin]

Tokenizing their products, okay we're done with this. You know how the ICOs conquered this idea but most of them are failure.

No product but still they have tokens for the purpose of trading and that's all. Those blockchain games that have their own tokens and some crypto casino's that held ICO have their own tokens as well. Exchanges, casino's are businesses and look the emergence of creating tokens to provide more capital for their operations.

[yvesp110]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

I think only few businesses integrated cryptocurrency in their business model. However, this is only applicable and probable in countries where cryptocurrency is supported by people and government. Some companies are still skeptical to use cryptocurrency because of the market volatility.

Yeah they are actually doing this but I think instead of avoiding it they should invest more because volatility is best thing according to me, as it gives us more chances to earn and it gives us more profit for buying at the low price and selling at high, we can buy goods with bitcoin as I use it for shopping and I invest my money into it to store for long time and earn good amount of profit.

[mazdafunsun]

I think that tokenisation is not needed , new tokens are making everything much more complaicated for regualar users.
Every sad ICo is trying to incorporate their token in their bussines, which in most cases are not needed and current big rypto currencies is enough.

Actually there are services which allows you to buy very expensive cars for crypto this enables you to make " when lambo"  true.
Also i just red that coffe shops are adopting crypto payments in relativley fast pace ( EU).

[brooklynian]

Cryptocurrency adoption by merchants varies from country to country. While it is ongoing in some countries, many other countries are yet to witness it. My country is an example. Today, I read that 25000 stores in Germany will start accepting bitcoin. This is great because more will follow.

[DOH!]

Apart from trading, crypto have other uses and untapped potentials, bitcoin for example is being used for payment and instant transactions. Altcoins and ICOs also have use case well defined in their WP of which most are still abstract. Common use case is these cryptos only give access to their project ecosystem or products.

In addition to being used for trading and exchanging, the very important application of cryptocurrency is the blockchain technology. Blockchain technology is showing its fragility as it is being successfully applied in the management of banking systems and work management. Blockchain technology is truly a revolution in the 4.0 technology era.

[Harrisonimo]

The main use of cryptocurrency as at now is still trading; and with main reason of profit making. The other uses can be for tieing down one's wealth and resources and to be traded/exchanged for a later date - crypto used like real estate.

[Nhebu]

Cashing out is the main purpose of cryptocurrency for me! But as time goes by, I learned that I can pay my bills, save money from my bank account and buy load using my earnings in cryptocurrency. As of now, I saw a news came from LYL which gave me an idea to use it when I will buy something that accepts LYL. Hm. There are many usage of cryptocurrency, specially nowadays.

[mazdafunsun]

Cashing out is the main purpose of cryptocurrency for me! But as time goes by, I learned that I can pay my bills, save money from my bank account and buy load using my earnings in cryptocurrency. As of now, I saw a news came from LYL which gave me an idea to use it when I will buy something that accepts LYL. Hm. There are many usage of cryptocurrency, specially nowadays.

Thats interesting, can you tell us which country you live in and what kind of bills you can pay?
I havent heard about this option yet.

[0t3p0t]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

Aside from trading, I personally use crypto to buy prepaid loads, paying bills, investments and I think I will soon try to use it to purchase goods and services here in my country as cryptocurrency is getting bigger and bigger. I juat hope that more and more merchants will be popping up in the near future as it is more convenient to transact with crypto than the usual fiat money most especially when dealing online.

[dmamigo]

Often use it to buy online services, products such as software and games. Other than that, I do gamble, nowadays very rarely though, but I do. Also often take part in online gaming tournaments where I pay the entry fees. Recently I read in the news one of the countries exchange is planning to introduce Crypto ATM, so it will be a great new addition.

[rhomzkie26]

There's a lot of use cases in Crypto not just apart of trading, store of value or buy/sel stuff but also a good way to communicate a people. Cryptocurrency is evolving and changing the world for a new order of security and trust which will lead for a better jurisdiction.

Yes probably it is. Aside from cryptocurrency used for trading, it is used in doing transactions such as paying for bills and such. This really happens, and this is a good indication on the part of bitcoin. This is a good start, we should be hopeful that soon enough more and more countries would adopt it.

When we say crypto it is a type of utlity token in which they have their own usages, there some can be use for paying bills, sending money thru

remittances, some was being used for mode of payment in some merchants who accepted it like ethereum, Bch, xrp, and loyal and more.

[stellgod]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

Real world business does not have nothing to do with cryptocurrencies, any  one that has barcode or accept their payment from customers through Bitcoin or so is doing it by choice and not because it is meant to be done by anyone. You can say so for online business and not for offline business, and no business requires Bitcoin. And for the token reward you’re talking about, most companies gives vouchers and gift cards to their customers as reward.

[Cling18]

More than 90% of ICOs (still a wide margin) lack pure utility aside from trading values. Among freelancers, people may trade one crypto for another, but in a brick and mortar business scenario, crypto has little to no impact. For example if I walk into a store I could get the credit card and a few other payment options. Still, with the over abundance of crypto technologies and their native tokens, only a handful of stores have barcodes for bitcoin and a few other payment coin types.

I think we need more radical real world businesses tokenizing their products and using this 'tokenization' as a means to garner support for mainstream crypto adoption. Like rewarding people loyalties for using their products.

Does anyone else here share the same concerns, or do you know a coin that is owned by real businesses for such purposes?

As for me, cryptocurrency plays a vital role in our society right now. It is now being used for different transactions and as a mode of payment. It has been making every transactions in the society easier which is very helpful. Some businesses also accepts if as a payment.

[Palodar]

Often use it to buy online services, products such as software and games. Other than that, I do gamble, nowadays very rarely though, but I do. Also often take part in online gaming tournaments where I pay the entry fees. Recently I read in the news one of the countries exchange is planning to introduce Crypto ATM, so it will be a great new addition.

It depends on that coin uses, aside from trading it will be good have crypto as an investment and use sone advantages on having it in real life use.

[margaret22]

That is right, more use case is needed, and also make the usage easier for average people, because right now it is too complicated IMO. But we have time to reach this adoption, we tend to forget how young crypto is.

[Wall_Streeet]

to pay for various services where you do not want to communicate with other payment systems or do not have them

[signup01]

One of the biggest positives with crypto is worldwide transfers.  Try sending 10 million dollars from a United States bank to a Chinese one.  You will have to fill out a ton of forms, gey questioned, and have to wait  days for the transfer to clear.  With crypto it takes 5 minutes and you don't need anyone's permission.

it is very true that you conveyed with the progress of the times and technology needed practical, efficiency and flexibility according to my investment by following the bounty ico

[Wilfrer]

Your thinking is right. But I still see a lot of crypto of the ICOs used in their platforms or applications. It is featured, as the payment method as well as the transaction on their platform. They still have the card to convert them to fiat or vice versa. However, most of us usually convert them to Bitcoin or ETH. Because they are easier to convert to fiat

[stiffbud]

One of the biggest positives with crypto is worldwide transfers.  Try sending 10 million dollars from a United States bank to a Chinese one.  You will have to fill out a ton of forms, gey questioned, and have to wait  days for the transfer to clear.  With crypto it takes 5 minutes and you don't need anyone's permission.

Except trading cryptocurrency also use for. Various other things. One of the main use of cryptocurrency is online transactions. Cryptocurrency are mainly famous online transactions because it provides its user an safe, secure and fast transaction facility and also charge low transaction cost and because of many people use it as online money transaction. And it also use for international money transaction because of its untroubled and untraceable money transaction facility. Except money transaction it also use for investment too. It also use for online marketing.

[Osayo]

Crypto is not supposed to just be uses in trading. It is designed to be used in the purchase of goods or services. It is we that have now made it look as if it must be traded on exchanges.