Manga Token

[RalfV57]

https://www.mangatoken.org

I have a question for all the experienced crypto people here...
I was doing some niche research and came across MangaToken. They actually have no competition and a really good product.
And there's a lot of money in the manga industry...
Why is the market cap so low?

[ufaiz50]

Most of the Manga now can be browse freely and if using this token to purchase a Manga I don't think that would be a good idea, I see that it is more on NFT manga. I think it is not too popular for investors but rather for people which hobby is anime and reading manga. The market cap is low since there is not much traders and buying and selling volume.

[StarKay]

The truth is that it is not every industry that actually needs to be on the blockchain and if any team of developers is going to do something revolutionary then they should be ready to invest a good amount of money to support the project.

Right now Manga token price is far below the private sale price and that is not a good representation of a project performance.

[batang_bitcoin]

It is true that there's really big money in the manga industry. But do you think that a manga token will represent all of those manga companies? I don't think that they'll ever want some unknown company that just raised this project for them to represent.
Also, as a matter of fact, I think that this idea is no longer new. For each industry, there's always those projects that are trying to represent them but most of them are not good and needed.

[Irazzzta]

I'm not very experienced, but I'd like to share my opinion. I think why the mangatoken market is not very popular because developers only use their tokens for buying and selling manga. while manga is now digital which can be searched on the internet for free. So why isn't there a competitor developing manga tokens, because other developers already know that the project won't sell well in the market.

[JeffBrad12]

I was doing some niche research and came across MangaToken. They actually have no competition and a really good product.
And there's a lot of money in the manga industry...
Why is the market cap so low?

It's caused by this token was a shit token. Manga industry didn't need token and there's no need to create a shit scam token that used the name of manga to gain the hype. People didn't interested to buy this token caused by they do know that so well if this is just another shit scam token and you understand what i meant.
Small cap token didn't mean if this is good to invest. Sometimes if this is just another shit scam token with no potential and yeah this token too.
I would not be surprised if this token has small marketcap as it has no usage as well.

[iphone5s]

The truth is that it is not every industry that actually needs to be on the blockchain and if any team of developers is going to do something revolutionary then they should be ready to invest a good amount of money to support the project.

Right now Manga token price is far below the private sale price and that is not a good representation of a project performance.

A lot of things will happen with a drop in price on every coin created by a project. You can see some people selling their coins when the price is going up by a small percentage and some people are also doing bad things by selling their coins when the price is falling. Panicked investors.

[capedbaldy]

I see that it is more on NFT manga. I think it is not too popular for investors but rather for people which hobby is anime and reading manga. The market cap is low since there is not much traders and buying and selling volume.

The manga token project team might be able to combine with the NFT hype to increase the popularity of the project, if only the manga concept would not make the project globally popular but only for manga token art lovers, the manga project concept tends to have no crypto market liquidity due to lack of interest from traders.

[kaya11]

https://www.mangatoken.org

I have a question for all the experienced crypto people here...
I was doing some niche research and came across MangaToken. They actually have no competition and a really good product.
And there's a lot of money in the manga industry...
Why is the market cap so low?

Piracy is rampant and you can freely get latest Manga releases on the web, so in order for that Mangatoken to succeed, they must consider the origin Manga and that is Japan. They are supporting their own product industry so may it should be they are the one to initiate the project if not it will fail for I guess. If somehow they have managed to do it and it is a success, then they should be thinking ahead for an AnimeToken too.

[X-ray]

Just wanna know about what will be the usability in the manga industry as we know that manga industry was focusing to create anime and comic where people who created manga earn their income from the royalti and there is no need token to be a middle party between the comic creator and user of manga or readers. So this token has no clue about what's the purpose of token
I would like to call this as a token with no purpose. that's why if it has small marketcap compared with another token.