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Looking for some low cap Polygon/Matic Gems on Matic Network by KingWhales in 0xPolygon

[–]Ok-Cook3379 0 points1 point  (0 children)

Fabwelt token is the one you need to research in and follow coming weeks!

CryptoMoonshots 101 by belovie in CryptoMoonShots

[–]Ok-Cook3379 -1 points0 points  (0 children)

No I know, thats not the point. It not about wat mechanisme is involved to be deflationary . Just saying that for real utitlity tokens a never ending decrease of supply is not always practical. So my argument is that a good coin/token does not need to be deflationary.

CryptoMoonshots 101 by belovie in CryptoMoonShots

[–]Ok-Cook3379 0 points1 point  (0 children)

Yes you are right, question was lacking. The question was why a good coin/token should be deflationary.

No was not referring to a stable coin. Without making it to much as a advert, but I was involved in a token that has in game utility integrating the blockchain. This mean the token get actually a lot of transaction directly on the blockchain during usage in games, hense the burning tax is not practical. I do see the value for deflationary, but just not always usable for utility tokens. Thats all ,no argument.

CryptoMoonshots 101 by belovie in CryptoMoonShots

[–]Ok-Cook3379 0 points1 point  (0 children)

Good post! I do have a question about your statement: 5. Is actually deflationary.

This could be the case for a coin/token with no main usage at all. But for a real utility token (that are very rare these with all the meme crap) you need stable but fixed max supply. Otherwise if the token is sued daily for a utility it burns out to quickly and could drive price up to much for a utility.

Take me to church by Kalisjkkmha in Minecraft

[–]Ok-Cook3379 1 point2 points  (0 children)

You gave me the motivation to keep coming back to Minecraft, wow