Create account

2036d
My current collection of Bitcoin Cash tokens.

4 / 8 5
5,046
replied 2036d
I'm trying to understand tokens, but I'm not really getting it. Do any of these *do* anything, or is it just a bunch of unique identifiers that have no specific purpose as of now.
1
replied 2036d
They will be a bigger deal when bigger companies start making tokens. They can use them like stock and list them on an exchange.
3
1,000
replied 2036d
Those are "equity tokens." I think the bigger future is in "utility tokens" as something similar to discounted gift card balances with ecommerce platforms.
replied 2036d
Tokens basically just give people the ability to create their own currency on top of the bch blockchain. Read through https://simpleledger.cash/ if you haven't already
1
replied 2036d
Some of them are working on use cases. Some of them are just created for fun. I created GUN token just to see how it all works. Total Supply: 1776.
1
replied 2036d
Whats your addr?
1
TrashPosterInTheDark
replied 2036d
Nice. I haven't tried using tokens yet.
1
replied 2036d
Glad to see BCH in the utility token space. Once the big ecommerce players see the value in using tokens for customer account balances at a discount, Katie bar the door.


About Privacy Terms Stats