People say it's not needed, but people also say it's going to get bigger than LINK... Help a brainlet brother out please goys.
Is it true that this token will boom?
Token not needed fag
This is a solid alt hold, very cheap right now
technically the token is not needed, but they have good reasons for using it - and they made it, so the token is needed to make their product function.
Customers do not need to buy tokens, but V-ID is buying the tokens for them, with the fiat money the customers give them. Then, a certain amount gets burned, another amount get dumped back on the market (after they bought it there, pretty weird okay but still). Tokens will be locked for a certain time (few months) before they can sell them back on the market, which means > more adoption is more out of circulation and also more burn.
So true, the token is not needed - but V-ID made it so the token is actually being used and therefore it is needed - unless they change their technology and start using a private blockchain (which they wont)
If you actually believe the token is not needed you should just go back to your 100x leverages on bitmexico
Think about this. You create a token and hold millions of it. Would you just abandon the token and let your bags go to zero or would you create a utility for the token and pump your bags to millions?
IMO the team has an economic incentive to require the token.
Absolute beast of a hold, this is a legit crypto 3.0, this is a once in a lifetime opportunity to jump into a project which will give out gains alike to people that jumped into crypto anno 2014
elaborate?
is the airbus partnership confirmed now?
any news soon? exchanges etc..? spoonfeed me pls, want to jump in
> Then, a certain amount gets burned, another amount get dumped back on the market (after they bought it there, pretty weird okay but still). Tokens will be locked for a certain time (few months) before they can sell them back on the market, which means > more adoption is more out of circulation and also more burn.
The tokens never get dumped back on market after being being bought, they go to the reserve wallet and are permantly taken out of circulation supply.