RE: What is the inner value of tokens?

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Personally, I determine the value of a token by the number of people I know who endorse it. While this could leave me open to being misguided, I feel there are certain folks that I can trust to make valid points regarding a token and I do not follow the advice of just one person.

When it comes to introducing a valuable token, I think it doesn't make sense to create one until you have a valid use case. I have plans to create a token and already have a use case in mind. However, I am still working on the "product" and will not offer the token until there is a need for it.



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This is a sound strategy. Especially when you listen to people who have experience with more and less serious tokens.

I've created several tokens and one of the most important factors is that a token needs to have a certain use case and also that I needs a certain economy. Especially at the beginning the owner of a token has to make sure that the demand and the offer are in balance and how it could kept in this balance for the long term. This is the very reason why many tokens turn out to be without value after some time.

Thanks a lot for your comment!

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Thank you for your engagement on this post, you have recieved ENGAGE tokens.

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