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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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