Will you buy a token if its price never went up and you could never sell it?

[topman21]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?

Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).

Coins which have no value and no popularity among people and no trading in the market so why should I waste my money buying all these coins?There is no question that I wasted my money buying such coins.No one will agree to buy these unpopular and unmarketed coins, not me.People prefer the coin that has the highest volume and popularity in the entire coin market.

[JoyMarsha]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

What's the essence of investing in what I can't sell? It makes no actual sense. Tokens are meant to be traded not to be kept in the wallet as a memorial token

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

The goal of me investing in the token is it to make only you rich? Cos nobody in his real sense would love to do that. Investment is a win-win game for the investors and the owner of the project.

[Coyster]

Your description of this token shows it doesn't have any actual utility, and i for one can't buy something that is not useful, if i am to use Bitcoin as an example, i accumulate more of it every now and then because of its utility, i can either use it as money to buy a commodity or a coffee at a local restaurant, i could also hodl it since it is sustainable for the long period, and i am pretty sure it will appreciate in price in the long run, and i can always sell it in a matter of seconds because the demand for it is always rising.

Having said that, i'd not purchase a token that i can neither sell or do anything with, except of couse if i am extremely rich and fascinated by it, and thus i wanna buy it for fun, or pleasure, i am not even too sure if that makes much sense.

[abel1337]

I don't see a sense of buying a token that never cannot be sold on the market, It's not worth having unless it has a significant utility that we need or want. As far as I know binance somehow did a similar token that cannot be transfer a like of a soul token that is inbound to your account. Somehow it has utility and having the trust that people give to binance, I'm sure someone want's to purchase.

[wheelz1200]

Let's assume that I create a new token and this token has two main characteristics:
1. The purchase price is always fixed
2. You can never sell it to anyone else after you bought that token (so it can't act as a stablecoin)

You can come back and buy more of it since I can create as much as I want anytime I want but you can never sell those tokens to anybody else so you'll have to own them forever.

Will you buy this token?

Feel free to explain and tell me if the price would be a factor (eg. if the token was sold for $20 or $2000).

Honestly if it served another purpose to be usable and had intrinsic value that I seen as beneficial to my life in using then why not.  Not everything I do is financially motivated.  Doing cool stuff and having access to things that I like to get/do is sometimes just that, the end goal.  If that token could get me access to something like that then yes I would.  Almost like an entrance fee.

[inanilujimi]

Is this like the BAB token on binance??
as long as the token has a use then I will buy it for future purposes, but if it really doesn't have any use for what I buy something that is obviously just a waste of money.

[pooya87]

Depends on the usability/benefits of the token.  If having it means I can have a share of profit in one of your profiting company then sure, I will buy it.  IF it is just for the holdings and nothing beneficial about it then no.  Price will never be a factor as long as it can generate income or profit and the benefits that is better than the price of acquisition.

Benefits example: 
A VIP status that can have massive discounts on items at several known online stores.

This is a hypothetical token and no there is absolutely no benefits in it. You get what was explained in OP and nothing more.
But you raise a good point and the problem with this point is that using a token is extra work that is not providing either party any benefits.

If a centralized organization wants to give its users some benefits (eg. VIP status) then the users simply sign up with that organization/company and give them their money and receive those benefits into their accounts.
Using a token on top of that is not providing users any additional benefits not to mention that it adds extra costs for the company that has to create and distribute those tokens while still doing everything else I explained before.

Take bitcointalk for example. There is a VIP account, there is Copper membership you can buy, ... you simply sign up for bitcointalk and pay the forum that money to get those benefits without needing any extra work for creating tokens buying and storing them and all that additional work not to mention the extra database that the forum would have to store (waste storage space) to handle all users.

[Fundamentals Of]

I thought that after the title, which was also the question in the poll, the OP would just be a follow up question like, "Then why buy _____?"

If this exactly same question would start with "Will you support...", the majority of the poll answers would probably remain to be no but then most of the voters are actually supporting the exact kind of token. It might be a different answer though if instead of just token, it is specified.

Like for example, "Will you support Pi token if its price never went up and you could never sell it?" Pi token is exactly this kind of token and yet people are still blindly supporting it.

[lienfaye]

Then this token will work as an accessory to our wallet and ideal for people who like to collect like those who are buying nft art. Well I think there are people who are willing to buy despite of the fact that they cant sell it later on. Those people are not investors but a collectors. Regardless of the price they will buy it because they want it. They just value the particular token to hold as their asset or as part of their collection.

For me as an investor, i'm buying coins that has utility and can give me profit in time. Therefore gaining is a must even it takes a long period, that being said I will not invest in token that I cant sell to profit.

[RussianEnglishTranslation]

If I knew that I would need the coin or token to use a game or a DApp or pay transaction fees on something like ICP or Ethereum I would buy it regardless of that the price was going to do. For example, you need 0xMR tokens to pay for mixing and private bridging from Ethereum to BNB chain. It's used as a fee. On ICP, transactions can be set by the DApp creator to either be free or make the user pay. Also, if the user is storing something on the blockchain, like an NFT, they will need to pay storage fees.