Starting a crypto project

Re:Starting a crypto project by wmf on Thursday May 06, 2021 @05:15PM (#27069124)

Few people are buying the utility tokens to pay for the service. They’re buying them to hoard so they can resell to other speculators

That's not a utility token. If you want to create a true utility token, make it stable and you won't have to worry about speculation.

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Re:Starting a crypto project by zaphar on Thursday May 06, 2021 @05:25PM (#27069234)

This is impossible. If it can be traded it can be speculated. The value of any tradable asset is determined by how much someone is willing to trade for it and by nothing else. There is no way to make it stable other than to make it impossible to trade.

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Re:Starting a crypto project by maxwell on Thursday May 06, 2021 @06:31PM (#27069790)

What if asset issuers ("crypto manufacturers") imposed contractual price ceilings/floors?

Probably more realistic with exchanges ("authorized resellers") than individual traders.

https://www.ftc.gov/tips-advice/competition-guidance/guide-a...

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Re:Starting a crypto project by thegreatpeter on Thursday May 06, 2021 @08:50PM (#27070685)

i agree, but there are stable coins...

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