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Author Topic: is any token kind of projects of real physical business ?  (Read 164 times)
cryptoboss2020 (OP)
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October 21, 2020, 03:07:43 PM
 #1

so is there is any kind of like


i buy token and token is connected with small coffe shop revenues and income.
so the token holders are all the small cofee shop owners:)

can it work? Cool
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October 21, 2020, 04:38:10 PM
 #2

If your mentioned project returns a single satoshi from actual operations to token holders you would be more legitimate than 99.9% of crypto projects currently out there.

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October 21, 2020, 09:36:12 PM
 #3

can it work? Cool
A cryptocurrency base project with real world/physical business, will definitely work and we already have some crypto project that does that (UbCoin) but offering physical business doesn't mean the project successful because of the project concepts, innovation, and community support is needed. However, 90% of the project that offers such service barely flourish and i believe it because crypto enthusiast considers crypto more as an asset than a currency.

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October 22, 2020, 01:35:13 AM
 #4

There's a lot of crypto projects that offers real world products and services but like Suzanne said, only a few of them actually perform well. A lot of people still have difficulty understanding how crypto works so it will take some time to really sink in. Also, a real world project that offers rewards to their token holders would be tagged a security. Not a lot of project wants to go through such hurdles.


A cryptocurrency base project with real world/physical business, will definitely work and we already have some crypto project that does that (UbCoin) but offering physical business doesn't mean the project successful because of the project concepts, innovation, and community support is needed. However, 90% of the project that offers such service barely flourish and i believe it because crypto enthusiast considers crypto more as an asset than a currency.

1 - The reason for this is due to the fact that most people that are just getting involved with the space all think that crypto is a get rich quick scheme.  So their own priority is for the price

2 - i wouldn't be quick to blame people who think about and use crypto this way as there's only a tiny percentage of projects with real world applications and price.

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October 22, 2020, 05:10:50 PM
 #5

A cryptocurrency base project with real world/physical business, will definitely work and we already have some crypto project that does that (UbCoin) but offering physical business doesn't mean the project successful because of the project concepts, innovation, and community support is needed. However, 90% of the project that offers such service barely flourish and i believe it because crypto enthusiast considers crypto more as an asset than a currency.

1 - The reason for this is due to the fact that most people that are just getting involved with the space all think that crypto is a get rich quick scheme.  So their own priority is for the price
This is understandable cause I also once feel like that before I later comprehend the concept and what it take to thrive through crypto.

2 - i wouldn't be quick to blame people who think about and use crypto this way as there's only a tiny percentage of projects with real world applications and price.
I actually dont blame people that sees crypto more as an asset than a currency which i believe is because they don't want to dust away from the opportunity the market can present but if we want crypto to be mainstream we also need to use it more as a currency in a 50/50 way.

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October 22, 2020, 08:59:16 PM
 #6

If your mentioned project returns a single satoshi from actual operations to token holders you would be more legitimate than 99.9% of crypto projects currently out there.
Hands down into this response which is actually on point.This is one of the most common or biggest problem on most projects today is that they dont really give out returns into their investors
when someone had supported their project since from the beginning. Aside from making profits on price movement on the coin itself. Being a business that do have corresponding
or own coin to have which had been integrated into some for of typical business then it is really indeed possible but i dont see any projects that did able to succeed
into this area.

R


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Insanerman
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October 22, 2020, 10:15:58 PM
 #7

so is there is any kind of like


i buy token and token is connected with small coffe shop revenues and income.
so the token holders are all the small cofee shop owners:)

can it work? Cool

It would work, if and only  if their token is linked and registered to their business. In example, they started this coffee business but also started blockchain/crypto project that would be used on their coffee shop, they would soon undergo a lot of phases especially ICO and token listing. Therefore, those token and their income coming from the said token would be used to establish the said coffee shop, and the coffee shop's market stability would define their crypto price as well.

But honestly, if the owners just wanted to have a huge capital or investors, making a crypto project is quite unnecessary. Keep in mind that there is also a thing called stock market, in which is much preferable especially to businesses - hence would really make the investor a 'share owner'.

Here's a video of Stock market being explained, in which the same idea could be applied on making a crypto project
Explained | The Stock Market | FULL EPISODE | Netflix     -     https://www.youtube.com/watch?v=ZCFkWDdmXG8
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October 23, 2020, 11:31:44 AM
 #8

Cryptocurrency has a great opportunity and can be used for business, I am very happy if positive things like your idea come true. However, the process of making it happen must be with good cooperation and the costs are not small. Starting from team building and to the next step until finally it can be used.
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October 23, 2020, 11:35:31 AM
 #9

Hi,

You should check amepay.io, It is real business with real product. They are targeting retail industry for Wallet to wallet crypto payment!
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October 23, 2020, 03:16:31 PM
 #10

Could work with a well decentralized token. If you centralized it, you could have problems with the government of the land if it's not regulated by them. Just keep things well decentralized, transparent/open, immutable, and follow the country's good laws (plus your own good rules) and you won't have much problems with the country, depending how law abiding and just the country is.
Another solution is to create a good community in isolated areas, with its own "internet", and run such business with the token. The token still has to be  very decentralized in this case, and the community law-abiding, with its activities transparent
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October 23, 2020, 03:36:04 PM
 #11

The project owners participate in owning the project by owning the token representing the project and receiving their interest through the actual business of the project in which they have invested.
That project needs to be registered with a contract committee and registered for an ICO and pay real interest on the smart contracts they create.
Projects like this I've heard of and mostly come from the real estate business. The majority of the project operators were unable to develop the project to the end.
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October 23, 2020, 03:42:38 PM
 #12

There are few projects that offer such service but they don't do well in the long run. With covid in place, you don't want to go in that direction. So many physical businesses are closing down and there will be many more in the future as we move further towards digital advancement. As an investor it doesn't look that promising to invest in a coffee shop that uses only crypto so most project steer away from it.

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October 23, 2020, 03:49:52 PM
 #13


There is ZRCOIN which is this https://bitcointalk.org/index.php?topic=1832477.0

They have built a factory for this project and this is in the WAVES platform which the project claims to be the world's first commodity-backed currency, you have to check the project yourself to see if its what you look for. I'm not sure if being a holder relates to being a factory owner but it seems to work for them.

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October 23, 2020, 05:02:29 PM
 #14

so is there is any kind of like


i buy token and token is connected with small coffe shop revenues and income.
so the token holders are all the small cofee shop owners:)

can it work? Cool
I guess you have left this forum bro, asking for unsecured loans is stupid. Why are you asking about projects? Do you want to find a topic to trick people again? Fix your trust issue first.
cryptoboss2020 (OP)
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January 19, 2021, 10:44:15 PM
 #15

so is there is any kind of like


i buy token and token is connected with small coffe shop revenues and income.
so the token holders are all the small cofee shop owners:)

can it work? Cool
I guess you have left this forum bro, asking for unsecured loans is stupid. Why are you asking about projects? Do you want to find a topic to trick people again? Fix your trust issue first.



What?? 
I dont Give Fuck you trust me or not?
Who the f you are? 
You are Zero for me! I dont need your trust non!
Lol go try to be smart in somewhere else

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