Proud owner of 10 AGRS tokens now :. Great post trafalgar definitely worth read ,This sounds very interesting! Sounds like a useful crypto. After reading it i think i should invest on it as well. I'll update. Well, I hope you are right, the only thing i know that after reading about it - I belive on it. It is an interesting concept, and TBH I never saw anything like this.
Thank you for this info.. I will have a look at it I didn't see anything about it on steemit.. I hope this will be a future one to hodl. On a lighter side "tau" is elder uncle as we call in india I'll be following it on Bittrex for the time being. Is there a wallet to hold the token in so I do not have to hold them on an exchange? I'll have to do that. Still you cannot trust any token these days. Still I will not invest until token comes along with something much more than white paper and all that stuff.
Hey man Thanks for educating the steemit family about tau trading. I look foward to your follow up posts on this subjects-matter. I follow and upvote you, hope you do same for me. Extremely well put. It was like reading my own thoughts right down to "I don't understand the tech but I know it sounds awesome!
Good to know! AGRS has been one of my few recommendations in the space and I still continue to recommend it and largely for the reasons you highlighted: I invest in people and Ohad is clearly an amazing person who I have no doubt has assembled a world-class team. I'm happy to fund his hair-brained scheme even if it might not work, just like I was happy to fund Elon Musk's hair-brained schemes over the years. Also shout out to dana-edwards who brought this project to my attention, and no doubt many of us here on Steemit.
This project is one of the few truly ambitious projects in the space and I'm happy to wait years for any kind of return on my investment. Hey andrarchy, thanks for popping by The price spike was due to the first release of working Tau Meta Language code on the github He is truly going for something revolutionary here, and the guy is just a pure genius. Not much hair, but definitely a lot of brain, hair brained schemes or not : And yes, I added a shoutout to dana in the post, I can't believe I forgot it in the initial post.
Steem and Tau are my only crypto investments. I truly expect great things from them. Thanks for all the hard work Andy. Hi trafalgar Awesome piece. I'm a newbie here and I'd like you to check out my introductory post and upvote. Here's the link below. TML is the most ambitious project I know of. What I learned from a quote from Bruce Lee I remember you appreciate martial arts , is that one of the keys to his success was to aim high. In great attempts it is glorious even to fail.
Whether we are talking about Facebook which had the extremely ambitious mission of making the world more connected, or Google to organize the world's information and make it useful, or Bitcoin to create peer to peer electronic cash. Tauchain and Tau has the kind of ambition where the reward for success of this project is a world changing impact. TML being not just a language, but a meta language, allowing for advanced users to define and configure languages.
This is something no other crypto project has even attempted. I have so far avoided Bittrex. That might have to change. Tau or agoras? Which is important? They're basically the same project, the name often confuses people Agoras tokens are the only way to invest in tau Think of Tau as the internet which you can't invest in and Agoras as google, apple, facebook and amazon combined. Maybe I prefer tau. Thank you for informing me.
Sounds intersting. Need to read it once again. Yes you are right Traffy! What is you thought about the growth within one year? I will serious look and read into this TAU. Put it on top of my Xmas presents! To see the full list of highest paid posts across all accounts categories, [click here] www. If you do not wish to receive these messages in future, please reply stop to this comment. This is a must for me. Since its coming from the great traf.
I won't bother too much about the technical jargon as I could even barely understand a thing. Plus I found myself reading one sentence too many times. Bottom line is I'm def giving this a try. This project sounds very interesting. Once Tau is fully implemented, what will that future look like? Could you share some of your thoughts on that? I will have to look far more deeply into this to understand and to start building predictions myself you see. This basically means human progress will be greatly accelerated.
There's no 'AI' buzzword or anything here, its just how a logic engine will work. But tha'ts only 1 component of Tau. It also offers automated code synthesis and automated virtual marketplace. One day over the network you won't have to make investment or business decisions, you can just give it a broad order like 'make me the most money possible' or 'contribute to the most egalitarian distribution of wealth possible' or 'do whatever you can to contribute to minimizing economic suffering in the world' and it can be automated Sounds quite far fetched, but I think it has a non trivial chance of success.
Wait for Ohad's explanations coming within a few weeks. This is just what the future needs to really be called one. This is good and all but what is it's viability at being recognized internationally. This is one of the most interesting pieces i have found on this platform. I will be jumping over this project this instant.
It seems like something really revolutionary. This kind of technology, as the base of something using gamification, could be really the next big thing. It is like creating a fully functional virtual world, a place of infinite trial and error, wich advances could have an actual impact in the real world.
It is fascinating. It truly is A true semantic web and search is only a part of it So for eg, you can easily have an app that can find you friends or dates who share the same nuanced political views, tastes in music, academics, etc, any view based on the users interactions with the knowledge base blockchain so you can basically just ask which of my friends prefer abstract algebra to topology, or prefer R2D2 to C3PO and get immediate meaningful answers there's far more to the features of course, but that's something I missed in the article.
Sounds amazing. So, it is like an intelligent organizer? Taking everything that relates and constructing groups, communities and projects in a logical way? Congratulations trafalgar! You have completed some achievement on Steemit and have been rewarded with new badge s : [!
Actually I am impressed with the logic and responsibility of the founders. I'm just a little afraid of buying face tokens. The direct sell has been put on hold according to the website. Agoras looks like a promising company. Thanks for introducing this to us.
I hope the best for you. Thank you for your words. I understand and will look into it more. To be frank, there are so many cryptocurrencies coming up. It is overwhelming. I feel it is tough. Which of them are scam? Can I start a new crypto currency of my own and become rich?
Is that how it works. For now, I am taking it slowly. I let the crypto currency settle before I jump in. Inside I do believe every thing just works out. It looks interesting! Tried on bittrex but it is temporary unavailable there!!
Do there any alternative ways? Thanks for sharing my friend trafalgar! Maybe I prefer to agoras. Whats do you think this my feeling? Great article and thank you very much for your explanation! Many months ago that I keep the project and feel special illusion to see that it already begins to move.
Ohad is doing a great job and will get that Tauchain is the largest project of the crypto space. I would like to use Tau to promote investment in solar energy. Very good post about Tau. Tau is one of the most revolutionary projects in the crypto space and represents a true breakthrough. The ultimate test upcoming which will prove how big of a breakthrough it is, is when TML shows that it can achieve self interpretation.
In other words the next milestone is when TML can define itself self definition. When this achievement occurs is the major breakthrough as it will prove the most critical portion of the theory. I am disappointed he didn't reserve a part to enlarge his penis so I won't invest in Tau the fact I haven't money to invest also contributes to it but AI is the future I think we will have a lot of AI in steem bots soon The Steemit community is awsome!!
Thanks it was truly well made and informative post. This is so cool! Will do some more research. Thanks a lot for bringing this to my attention. Creating something like this is why I started getting into the Blockchain and Deep Learning, and I do believe it holds the key to humankinds' future. If not in the iteration of Tauchain itself, perhaps in one of the predecessors inspired by it. One thing I still haven't figured entirely out on how to actually invest in this Tau.
The way I understand it, there is tokens I can buy from third party sites? Is this accurate? I guess I'll check out the site some more in the holidays and hopefully find an answer. Anyway, thanks to Steemit for bringing stuff to my attention that makes my hard beat faster.
This is my first post and I look forward to working with you all. Wow, go go Israel :. Even my daughter of 12 now knows what HODL means I agree with you haha, most of the things are too technical, I think all you need to know is if it solves an actual problem or not. Everything else just takes care of itself I guess. Thanks for posting! This is one of the best lines I have ever read.
Sounds very interesting. I will look into it :. The code he has written is a working version of the Tau Meta Language which correctly computed a transitive closure graph. This is a proof of concept of the great things to come , i dont what tha's mean above. Great review! I can't seem to find the roadmap on their website? I am not writing and begging for following me, but I want to share with you two of my other accounts, krvsada and tuzlasada , where I post funny GIF memes on daily basis 5 on each.
I promise that I will be fully engaged with single one of your comments since this is something which inspires me and makes my days better. All of them are my friends and their accounts can not give you lots of 'rewards', but can easier get you to the HOT section and possibly increase your account visits.
That would be the smallest thing that I could give as a return for your engagement with you. Please help me to get a rise in this section on this platform. All the best, keyss. I really dont understand a word of the whole Tau and how to get it I dont like Bittrex to be honest , but what I do know is that its a pity that you dont write more blogs anymore. Love the sarcasm in there, for real the Human Centipede is the most mindblowing movie I was too disgusted to, to even finish I wish you a happy new year already.
Despite being at the halfway point there was still a sense that there was still a sizeable chunk to ride and given there was more climbing in the second half only added to this foreboding. With time waiting for no-one we mounted up and headed off west, towards the North Wessex Downs and the Mendips. The trick to any long-distance ride is gauging your effort, keeping within yourself whilst keeping within your time limit.
This meant the pit stops became more important, especially with the terrain getting lumpier and there was more to come. Not before a quick stop in Shalbourne, on any other day the Plough Inn would have proven to be a great place to tarry for longer. However, a quick coke and some crisps had to be enough with the next stop over 40 Kms away we needed to keep chipping away. The scheduled stop around Devizes would still leave 80 odd Kms to complete.
Some of the group were flagging as the heat and rolling terrain began to take its toll. More liquid and ice cream eased the situation. There was no chance of any respite, with a sense of irony after we had ridden through Rode, the terrain took an upturn, quite literally. With several hills now virtually coming back to back the riding became a little more ragged.
Round near Faulkland the gradients got shorter and sharper and the rest in-between less as we made progress towards the Mendips. With that in mind another pitstop was required, the need for a can of fizzy drink and a sandwich had started to occupy my thoughts. The sight of a Co-Op in Chilcompton was very welcome and a chance to re-group. With the highest points on the route still to come it was something of a relief to hit some shade after we passed Bathway and motored on towards Cheddar Gorge.
There was plenty to occupy the eye and even more so as we entered into the upper reaches of the gorge. If you haven't ridden it in either direction, it is a real treat. The descent perhaps more so as you swoop almost round the bends in an almost alpine manner.
Plenty of room, decent surface it was an absolute joy. Alas it was over way too soon but with the caveat that we probably had about 20km to go. We Did! With a final lump the other side of Clewer to the real battle was keeping the legs going into a slight headwind, obviously, with little left in the tank for the final push.
The roads were longer, straighter and less visually appealing but the prospect of finishing and within daylight hours was a significant driving force. The conversation had been reduced to directional instructions. The need to get it done was the over-riding thought, closely followed by the prospect of a beer and in third place, the idea of sitting on a normal seat.
It's funny how the mind goes into survival mode, giving you random thoughts as your body continues to graft. After what seemed an endless stretch of road we entered the outskirts of Burnham on Sea and shortly after we were riding parallel to the sea wall and heading towards the pier.
The final destination on this glorious journey. The sight of the Town Crier greeting the riders as they reached the finish was terrific and really good indication of how the town has embraced the event. Cheddar George. Stepping off the bike, gingerly, there were hugs and high fives all round as the enormity of what we had achieved began to register. You spend so long actually doing you need a few minutes to recalibrate.
After the obligatory photos at the end of the sea ramp, a slightly hazardous task as the tide had left the area very slippery and covered in seaweed especially in cleats, it was back up to the pub opposite the finish to swap stories over a very well-earnt beer. The unique feature for Chase the Sun, is the sense of involvement. Not just for the riders, but for family or friends who choose to support them.
There is a real sense of achievement that you don't get anywhere else. Most will identify with the large amount of time dedicated to the training and then hear about the event from afar. With Chase the Sun everyone is involved all of the time. Yes, supporters can cheer you along at any event, here it can be at several points along the route. We Did It! If this takes your fancy, then the date is set for June 22nd, put it in your diary and you and your support team will not be disappointed.
If you want a little more adventure, then look at the Italian version. Buenas soy David peso sobre unos 80kilos y mido 1,73 y quisiera reducir la grasa abdominal antes de verano para Q se note algo menos. Puedes escribir tu nombre al final de tu pregunta es opcional. Coautor a :. Los estudios mostraron que reducirlos incluso funciona mejor que las dietas que se centran en un bajo consumo de grasas.
Ninguna dieta se sostiene sin ejercicio. Intenta realizar 30 minutos de actividad cardiovascular moderada5 veces a la semana. Me engorde por los embarazos, dejar de fumar y medicaciones varias. Tengo como grasa en la barriga y no consigo des hacerme de ella. Los hay para antes, durante y post entrenamiento. Tu cintura lo necesita. Gracias por tu comentario. Recuerda las normas de la comunidad. Cena para atleta adolescente. Privacy Overview. Why cant i buy xrp on robinhood. Ethereum mining android app review.
How to invest in cryptocurrency exchanges. What is a cryptocurrency trading platform. How to buy bat crypto. Https steemit. Easy to use cryptocurrency exchanges. Peer to peer crypto exchange. Crypto volume and price. With the banks keep harassing centralized exchange, P2P Exchange is getting more attention as it nullifies the ability of the banks to shut down the exchange.
Taken Peer to peer crypto exchange for example, in the last month, the banks decided to Peer to peer crypto exchange down bank accounts of many famous centralized exchanges Peer to peer crypto exchange effect cause great trouble when customers trying to cash out or deposit. During that time, trading had been in effect shifted to P2P Exchanges, like Remitano.
Peer to peer crypto exchange, the company receives many positive reviews when it comes to customer support as well as the efficiency of the platform. Therefore, the integrity of traders determines whether the platform can be trusted or not. Remitano Bitcoin P2P exchange, with its service in multiple countries operates without the need of a banking partner, completely shielding the service from their whims and fancies.
Remitano is Peer to peer crypto exchange from other centralized exchange platforms currently in the market, which are heavily dependent on the banks to receive deposits and facilitate withdrawals for customers. Remitano, according to traffic metrics, is the biggest Bitcoin exchange in Peer to peer crypto exchange.
Other leading sources of traffic on Remitano are Nigeria and Malaysia. The platform is aiming to establish itself as the largest Bitcoin exchange platform in other Asian and African countries. With the introduction of its service in the United States and Australia, Remitano platform is on an expansion spree, which it will pursue aggressively to build a global presence.
As banks and nations slowly move towards a cashless society, people everywhere have began to buy "third party" currencies that exist outside of national monetary systems. The fear being caused from the bank's future control of the monetary policies and possible installation of negative interest rates. Not to mention the tracking and storing of all financial transactions over a certain amount of money by the government.
It's easy to see why people are weary of the emerging practice. Many exchanges currently work as centralized platforms with conventional banking relationship to facilitate fiat deposits and withdrawals. The inclusion of traditional banking system into Peer to peer crypto exchange infrastructure makes exchange platforms heavily dependent on them. If the banking partner decides to withdraw its services like it happened in Malaysia recently, the business will be disrupted, leaving customers without any option to make deposits or withdrawals on their exchange accounts.
Remitano overcomes this issue by offering peer to peer exchange services. Descargar los activos de la marca Repositorio. Como se ve en:. How to advertise cryptocurrency exchange. Tbc to btc instant exchange. Peer-to-peer crypto exchange Localbitcoins is preparing to implement updated requirements for the identity verification of its users. The company recently. Obtener Bitcoin precio, grficos y otras informaciones de criptomonedas. Instead, Bitcoin operates in a peer-to-peer network that allows anyone in the world At the same time, these Bitcoin exchanges allow you to store your BTC with them.
Whale coin cryptocurrency. Black desert online bitcoin miner. Next generation peer to peer marketplace for buying and selling bitcoin. People secretly mining cryptocurrency at. Buy bitcoin by phone call. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part.
Popular Exchanges to Buy Bitcoin in Mexico. BitINKA was founded in by Roger Gabriel, who had the vision to bring cryptocurrency to the unbanked in South America and allow people to purchase cryptocurrencies in their local currency. CoinsBank was established in April of with the goal to revolutionize the blockchain and cryptocurrency industry by providing a wide array of blockchain services. With dozens of cryptocurrencies popping up on the internet almost every day, it is difficult for cryptocurrency investors to discern which cryptocurrencies are worth investing in.
Paymium refers to itself as the Bitcoin bank, allowing users to trade, buy and sell Bitcoin while also providing these users with a secure wallet system to store their Bitcoin. Gox exchange. Paxful Africa. Mantenerse a Salvo, Seguir Indicaciones. Coinorbis Trade - Cryptocurrency Trading Platform.
Supported Countries Cryptocurrencies Traded. The exchange deals strictly with crypto to crypto trading and claim to feature only the best digital assets with the best returns on investment. The OKCoin exchange primarily services users from China and the Asian markets but accepts traders from all over the world. The trading volume achieved by bithumb is one of the highest clocked by any cryptocurrency exchange in Korea.
Everyone has to start somewhere with bitcoin. IO also provides trading of cryptocurrencies on its web trading portal, via mobile apps and also using API applications. IO start the d business in as a provider of cloud mining services. Com Co. Founded in , Bitstamp is regarded as one of the oldest cryptocurrency exchanges around.
And unlike traditional currency that is inflationary in nature, the bitcoin is a deflationary currency. Activate Telegram Bot and connect your Telegram account 3. The Bibox exchange has a highly competent team and platform backing them up but still remains unregulated by any reputable regulatory authorities. The exchange is very attractive to many as it provides a very intuitive and easy to use interface for buying and selling cryptocurrencies.
You can use our Bitcoin ATM map to buy bitcoins with cash. Revisin wall of coins Sitio Oficial 5. Like currency notes, it can be sent from one person to another, but without a central bank or the government attempting to track it.
At that time, the exchange business was firmly in the hands of Mt. P2P is just about to change how the world works. Bitcoin Litecoin Ethereum Ripple Zcash peercoin. Enviar mensaje. Bitbank is a new cryptocurrency exchange service offering their clients highly accurate and reliable market insights for the trading of Bitcoin and Litecoin. Bitstamp in April was licensed by the Luxembourg authorities to act as a payment institution.
Nevertheless, Coinsquare has also made its platform services available to investors from the global cryptocurrency market. Changelly offers their users a very fast and simple interface for buying and exchanging a large array of cryptocurrencies. Bit-Z offers two types of trading services; professional digital asset trading and over the counter OTC services. Indacoin is a cryptocurrency exchange that is based in London.
Go to your notifications settings on paxful. However, the centralized exchange from which you buy your Bitcoin is not secure. Before jumping into this page, an important disclosure. Mixcoins is a cryptocurrency exchange that is based in London, UK. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. Mexicans pay roughly 1.
Bitcoin Litecoin Ethereum Ethereum Classic bitconnect bitshares. Coinbase High liquidity and buying limits Easy way for newcomers to get bitcoins "Instant Buy" option available with debit card. What is bitcoin and how do you get it. Crypterion - multi-featured cryptocurrency exchange platform with self-hosted wallets nulled.
Any scheme related to bitcoins promising a fixed return is likely a tall promise best Peer to peer crypto exchange. The system depends on cryptography to control the creation of the currency. As an Australian based company, Independent Reserve operates within the confines of the laws and regulations applicable to Peer to peer crypto exchange Australian financial industry.
You can help, too. The number cannot exceed this cap. It is an electronic or digital currency that works on a peer-to-peer basis. This increase in power consumption is due to Mexico's climate, which is hot. Bitso is the first cryptocurrency exchange in the industry to offer cryptocurrency trading against the Mexican peso.
Bitcoin Litecoin Ethereum Ripple. Apart from providing trading services for a wide selection of cryptocurrencies, Mercatox also provides its clients with a lending platform, Peer to peer crypto exchange multicurrency wallet and payment services. We may receive compensation when you use Bitit. RightBTC is a global digital asset management platform for the trading of cryptocurrencies.
Пятницу - получится неплохой по адресу:. Для того, чтобы сделать с 10:00 перхоти, даст хранения, приготовьте. Для приготовления нужно в 10 л.
Admirable if not particularly mind-blowing. Why do we bring it up after talking about Bancor and BAT? Other than that… nothing. Absolutely nothing. Welcome to the crazy world of ICOs! There is no doubt that ICOs have changes the financial landscape over the past 2 years. However, all these insane success stories tend to make us look at facts with rose-tinted glasses. Before we continue, we want to make something very clear. We believe that ICOs are truly revolutionary and will continue to evolve and will become an amazing vehicle for developers, entrepreneurs and investors who are looking to innovate and change the world by just showing their concept aka a whitepaper.
Firstly, the developer issues a limited amount of tokens. By keeping a limited amount of tokens they are ensuring that the tokens itself have a value and the ICO has a goal to aim for. The tokens can either have a static pre-determined price or it may increase or decrease depending on how the crowd sale is going. Tokens are basically native currencies that can be used in an environment think of the arcade coins that you needed to play games in an arcade or they give their owners various rights inside the native environment Think of the wristbands that certain nightclubs use which entitles you to get a certain number of free drinks.
The transaction is a pretty simple one. If someone wants to buy the tokens they send a particular amount of ether to the crowd-sale address. When the contract acknowledges that this transaction is done, they receive their corresponding amount of tokens. But then why do most ICOs fail. As a result of which, it is very rare to find a token whose economic skeleton has been properly and thoroughly mapped out.
In order for the token to be decently valuable in the long run, there must be sufficient demand for it but that is not what is usually seen in the ICOs. What is seen is unsustainable token inflation which largely happens because of flawed economic models and the greater fool theory more on that in a bit. For these permanently inflationary tokens, their demand must always outpace their inflation for them to be valuable in the long run, which more often than not creates a Ponzi Scheme like scenario.
Before we go into all that, however, we need to understand where the fundamental problem of most ICO economic model lies. One of the biggest advantages of ICOs is that anyone can come and raise money for their concept…not a finished product, a concept.
However, many of the early adopters of ICOs have made a killing because of the low entry and the high profit. These are people who have little to no idea about how the blockchain works, they are just putting in money to make a quick buck.
Seeing this trend, the developers shifted their focus. The Greater Fool Theory is an economic theory which states that the price of an object increases not because of the value that it brings in but because of the irrational beliefs attached to it. Art is a great example of the greater fool theory. You have a bunch of dapps and currencies coming up which are bringing in nothing new to the ecosystem. However, because they have been hyped up so much and there so many ignorant investors around, their value increases anyway, and as a result, the tokens face an inflation.
If this sounds suspiciously like a bubble then yes, you are right and the thing is, we have been here before, we have seen this play out. They say that those who are not aware of history are bound to repeat it. Around , the internet became big and tech companies began to emerge everywhere. Investors started putting in their money and flipping their investments into huge sums.
Eventually, everyone who saw this started getting major FOMO fear of missing out and they began giving away their money to companies without even having any idea as to whether the business had the potential to work or not. Common sense went out of the window and every random internet business was making a killing in the IPOs. Warren Buffet noted that:. He hit the nail right on the head, most of the companies that got millions from their investors failed and some turned out to be nothing more than scams.
Eventually, the bubble burst in Companies crashed and lost millions within a year. One of the most infamous examples of this is Pets. The parallels between the ICO bubble and the dot-com bubble are a bit frightening. Much like the dot-coms ALL the investing is done purely from speculation.
You have to realize that most of the companies that you are investing in, in ICOs barely have anything ready. As with anything, most of these projects will fail to get the end results. The reason why the Ethereum ICO worked so wonderfully was that it had a dedicated and driven team of talented developers who were a day in and day out to make it a success, same with Golem.
The parallels are very apparent and it can get real scary thinking about it. But we are not market experts. All we can do is speculate. What is the definition of Utility? Utility means the total satisfaction that is received by the consumption of the goods or services.
Most of the ICOs do not maximize their token utility. The tokens should be absolutely integral to the ICO and must increase the overall value of your final product. If you are an ICO developer, then ask yourself this question: If you take away your token does your business fall apart? There are only a few cases that make sense to tokenize.
Is that all that your tokens are worth? If you do use tokens for your business, then you need to completely understand its role and maximize its utility. Your business model should be such that you are exploiting your tokens to the maximum possible limit.
Before we continue, we would like to give shoutouts to the inimitable William Mougayar and Kyle Samani for their brilliant work and research. As William Mougayar points out in his Medium article, there are three tenets to token utility and they are:.
By taking possession of a particular token, the holder gets a certain amount of rights within the ecosystem. The tokens create an internal economic system within the confines of the project itself. The tokens can help the buyers and sellers trade value within the ecosystem.
This helps people gain rewards upon completion of particular tasks. This creation and maintenance of individual, internal economies is one of the most important tasks of Tokens. It can also act as a toll gateway in order for you to use certain functionalities of a particular system.
The token can also enable the holders to enrich the user experience inside the confines of the particular environment. In Brave a web browser , holders of BAT tokens used in Brave will get the rights to enrich customer experience by using their tokens to add advertisements or other attention based services on the Brave platform. Can be used as a store of value which can be used to conduct transactions both inside and outside the given ecosystem. Helps in an equitable distribution of profits or other related financial benefits among investors in a particular project.
If you want to maximize the amount of utility that your token can provide then you need to tick off more than one of these properties. The more properties you can tick off, the more utility and value your token brings into your ecosystem. Token velocity in simple terms means: Are people going to hold on to the tokens for long-term gain or sell it off immediately?
This is a problem with most ICO and token structures because they are being treated more as a vehicle for liquidation than as a store of long-term value. In fact, regarding this, Willy Woo did an interesting case study. He plotted the performances of coins, from the first day of their inception to the day he made the graph. Image courtesy: WooBull. See that red line soaring triumphantly over everyone else? That is bitcoin. It is the only crypto that has performed consistently and grown from strength to strength.
The blue line above the bitcoin line is a statistical aberration according to Woo. Here he has grouped the coins together according to the year of their inception. What this shows is that every year the coins are performing worse and worse. And the reason for that is simple.
More and more scam ICOs are coming in and developers are not making valuable enough projects. As a result of which, we have tokens, which perform no other utility than being a means of liquidation and that is exactly why Bitcoin and ethereum are so far and above everyone else.
People realize their potential as a proper long-term store of values. This is exactly why developers need to pay attention to token velocity. The reason why Bitcoin and ethereum have such high values is because, they are low-velocity coins.
So, more the trading volume aka more that coin is traded more the velocity. Consequently, less the network value, more the velocity. Now if you examine this from the perspective of bitcoin, then you will know exactly why its velocity is less.
So, what should developers do to ensure that they have less token velocity? They need to work and re-examine their tokens. They need to understand whether a token is being fully utilized or not. They need to answer several questions, some of which are:. It is only when developers work on the utility of their tokens will they be able to bring something which can contribute significantly to the ecosystem. In fact, this is what Chainanalysis had to say:.
In fact, Chainanalysis claims that there is a 1 in 10 chance that you will end up a victim of the theft! That is staggering. It was a decentralized venture capital fund which was going to fund all future DAPPS made in the eco-system. Hot and trending Blockchain Companies. TOP Cryptocurrencies. Top ICO. Dec 20, Oct 21, Frodo Tech. Dec 2, Mega Token. Mar 1, AgroDeal Pro. Jan 1, View all ICO. Blockchain Events and Conferences.
Discount Medium Hype Speakers. Browse More Events. We Binance took a different approach to help with the gang issues in El Salvador. Create jobs for the youth. Long term solution. Crypto creates jobs. Nayib Bukele. Bitcoin Magazine. If your business is global, you should accept crypto.
The Moon. Lark Davis. Chico Crypto. Digital Asset Investor. Crypto Zombie.
Https crptocurrencyupdates.com cryptocurrency holabebe the-truth-about-lending-platforms-icos. Easy to use cryptocurrency exchanges. Peer to peer crypto. @trafalgar, it is true that 90% of cryptos are quasi unintentional scams (or perhaps even intentional, in some cases). I'm hearing of Agoras for the first time.