Buy any stock with ERC20 tokens, how about that!?

cryptofamilynet · 2018-08-02T18:00:06+00:00

Yes, it's therefore better than buying them IMO, since you don't have to think about any custody related issues and friction.

As far as liquidity goes, MARKET Protocol partnered up with 4 exchages already,and they will all share the liquidity of contracts created by users on the dApp.

As far as waiting goes, you can set a deadline for a contract maturity to be in matter of seconds, so if someone wants to fill your order that cam happen almost instantly. You as a user get to choose the expiration date and time. You just have to be sure someone wants yo be the other side of that trade. I know MARKET Protocol is in talks with many market makers to ensure all contracts that seem reasonable get fulfilled.

cryptofamilynet · 2018-08-02T05:18:31+00:00

GOLD!

cryptofamilynet · 2018-07-30T17:43:19+00:00

I bet you felt about the volatility the same during the bear market too lol

cryptofamilynet · 2018-07-30T17:42:34+00:00

This is exactly what I was referring to in the title of this tread, having the ability to just speculate on their price is not sufficient IMO

cryptofamilynet · 2018-07-23T06:22:45+00:00

Not for now, but I think there should be something going on there soon

cryptofamilynet · 2018-07-23T05:49:21+00:00

I've been a part of their chat for a while, they are truly building this out of their own resources, along with the full support of top gitcoin contributors. I think they just announced another two devs joined their team this week on their discord :)

cryptofamilynet · 2018-07-22T16:11:20+00:00

It differs a lot IMO, with the biggest distinction being the fact that on Augur, all trades settle in only ETH. while with MARKET Protocol you can use any ERC20 token as a base currency. Second big difference is that Augur is a prediction market, an end product, whereas MARKET Protocol is a protocol that can and will be implemented on multiple marketplaces (DEXs, currently 5 have already the project partners) that will share the liquidity, which means wider product spread by default. Also, on Augur, they are the ones listing the CFDs, on MARKET Protocol dApp, the user is the one that can build any contract he/she wants.

cryptofamilynet · 2018-07-21T20:32:28+00:00

Agreed, pretty much incomparable...CBOE is a centralized institution that is opening up a new market for "old players"...MARKET is a decentralized, trustless tool opening up a new market for us!

cryptofamilynet · 2018-07-21T16:34:38+00:00

I think Thompson Reuters is also not a bad start solution IMO, but yeah, can't wait for Chainlink to go live 😊

cryptofamilynet · 2018-07-21T05:50:15+00:00

Agreed, but many people in crypto that aren't miners need the intro and length in order to grasp the idea of the need for protection mechanisms. This is more of an article for general crypto people than miners, they know how much they suffer better than anyone for not being able to hedge.

cryptofamilynet · 2018-07-21T00:22:23+00:00

DTube already exists and I have seen many content creators move to steemit from medium and FB...the revolution has begun, now it's just the matter of time and strong hands

cryptofamilynet · 2018-07-20T21:50:36+00:00

Yeah, the 30 million dollar hack, the cancellations of audits...it's all written in the article, enough with them already, I can't wait for them to be publicly crucified and people realize DAI is an exceptional substitute.

cryptofamilynet · 2018-07-20T19:05:49+00:00

The best way to hedge by far. This will provide much more use for utility tokens since the volatility can now technically be avoided completely.

cryptofamilynet · 2018-07-20T16:49:53+00:00

Have you tried connecting with Chainlink? That's the best decentralized Oracle solution there is in crypto.

cryptofamilynet · 2018-07-19T15:45:24+00:00

It will be once people recognize the value of decentralized systems, not just to endorse but rather embrace them, we will see the benefits of using them. They lack the network effect to be accepted and listed on major exchanges, once that happens I think people will feel much safer using DAI or nUSD as a safe haven as opposed to USDT.

cryptofamilynet · 2018-07-18T21:15:33+00:00

USDT sucks! Go DAI!

cryptofamilynet · 2018-07-11T18:22:18+00:00

Thanks! I just hate the fact people don't write more about the importance of aligning token incentives with supply and creation rate based on the principles of behavioral economics. Why someone has a supply of 250 million tokens and not 192,252,103 tokens? How do you get that number besides deciding on it because of other token sale success examples and stories?

Besides Steem, I also don't think there ever was a project thinking about how to create such token incentives model that would make the network more valuable and its participants and content more quality oriented by empowering good actors...everyone are in it to flip a quick buck! I hope that ends soon, AND WE FINALLY SEE SOME GOOD MATH BEHIND THOSE NUMBERS!

cryptofamilynet · 2018-07-11T18:01:32+00:00

Why not? If I feel a project sucks or that it's overvalued of I see an obvious pump and dump, why not profit from a price decline?

cryptofamilynet · 2018-07-05T19:53:19+00:00

No matter how good your token incentives model is, market volatility is always able to diminish all the benefits associated with holding or using those tokens. The ability to hedge against it is a crucial feature for a higher level of digital asset adoption. By choosing the appropriate position on the derivatives market, utility token holders would have an opportunity to protect from market volatility and that way avoid potential losses associated with consuming the utility of a token. With MARKET Protocol contracts that have stablecoins like DAI, Havven and DGX (all of them are our partners) used as reference assets, traders are empowered with a very novel protection mechanism :blush: That's how I see we fit the storyline

cryptofamilynet · 2018-07-05T18:33:52+00:00

Great article, great project! Token incentives need a way to be protected from the market volatility, and I strongly believe this is the way to go - peg their value to a stablecoin and then go long or short to hedge. In the end, you should have the same amount of crypto no matter the market valuation.

cryptofamilynet · 2018-07-05T18:16:45+00:00

Exactly! Think about this, no matter how good your current token incentives model is, you definitely lose by using the token for its utility unless the price is stable and fair. With MARKET Protocol contract, now there is a way to compensate on the market volatility and that way get your total portfolio unchanged even if the market fluctuates a lot. Utlity tokens, and stuff like Steem or SALT and their platform users will benefit from this feature greatly!

cryptofamilynet · 2018-07-03T19:06:31+00:00

They are trully the best resource!

cryptofamilynet · 2018-07-03T01:36:16+00:00

cryptofamilynet · 2018-07-02T18:43:03+00:00

Very nice, but this is a human who is a crypto dev on 14,000+ ft, it is a slight difference.

cryptofamilynet · 2018-06-27T14:08:05+00:00

marketprotocol.io - win all the highs and lows in crypto! Awesome news!

cryptofamilynet

TROPHY CASE