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Author Topic: RicByte Token - what do you think? (RicByte.com)  (Read 64 times)
RicByteToken (OP)
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March 26, 2021, 06:32:08 PM
 #1

RicByte token (t.me/ricbyte) is a token that will be able to be used to purchase physical and digital items, similiar to Amazon, but instead of purchasing with credit cards or debit, you just simply purchase with the RBYTE token, which this is the main use.

What do you think about this?

Thank you so much
JeromeTash
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March 26, 2021, 08:38:33 PM
 #2

What do you think about this?
I think your token is going nowhere. Bitcoin, a much bigger and more secure network was also created as an alternative to electronic payments but 10 years down the road not many online stores have adopted it as a mode of payment though we will get there some day.

I don't think people will trust a random token, we have had lots of them, but all have been fails in less than 4 years like storiqa, INS token etc

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RicByteToken (OP)
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March 27, 2021, 08:51:48 PM
 #3

The thing about that is those are different sites, they are not the same, RicByte token will be available to use on the RicByte shop, meaning we sell amazon, ebay, etc.. gift cards and other various products, we are not looking to add RicByte token to be accepted on other sites, so that's the main difference, and currently if you wanted to you can purchase on our shop with the RicByte token
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March 27, 2021, 09:58:01 PM
 #4

It's why I gave examples of storiqa an INS token. They had a similar approach, and it didn't work out despite holding ICOs that were successful according to today's standards. Maybe you  check them out and see what went wrong

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tabas
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March 29, 2021, 10:15:41 PM
 #5

I agree to Jerome. If the purpose of your token is for purchasing things then that's not going to compete with the ones existing in the market. We have bitcoin, Ethereum, Litecoin, Monero and the other one that's competing right now which is BNB.
But if you have your own store then you can incentivize it but like we said, it's going to be hard for your token if it has the same purpose as the established ones.

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noorman0
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March 30, 2021, 01:00:56 AM
 #6

Just my suggestions. The potential for tokens depends on how the platform is performing.
I noticed that your site is down which means your platform is not even ready to use. I am surprised that you are currently holding an ICO.
RicByte (RBYTE) token is currently in ICO and we are having a huge sale of each RBYTE at 0.45 / RBYTE.
Instead of selling tokens of a project that are not ready for anything, you better develop and let your platform operate using the next few years to see the extent of public interest in your project. If in the end you get good results, please launch your token and organize a tokensale.

Success takes time and process.
Good luck.

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