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Is it wise to invest in the token exchange of new projects?

14 déc. 2019

If the answer to that question was affirmative, I would like to be certain whether those tokens would be suitable for crowdfunding or not.

This is a mutual support era. Blockchain crowdfunding has been showing the possible scenarios in which the economy, as we know it, may encompass our routines. It is time to ask ourselves how we like to get tokens for now on. 

Now it’s the best time for tokenization.

The internet is getting full of token exchange platforms. Fortunately, the people of mintMe.com have already released their own and you can join the community once signed up. Now it’s the best time for tokenization. This is like the moment for hodling them. We hold a bunch of tokens from those people with projects and give them our support that way. Time will tell.  The Korean philosopher Byung-Chul Hanhas called this era “The hell of sameness”, where humans are nothing but remote-controlled puppets. He has a point actually if we consider social networks as the epicenter of people’s interaction. We could also see something like it in those societies where the politicians in power can determine the route of a nation, for instance; by the mere promotion of a bill. He didn’t see Blockchain technology coming when he wrote that, perhaps there wasn’t a strong approach back then. Now people, as entrepreneurs, rather than following stereotypes, actually insert their projects in a possible society; aside from politics and hype trendy impulses. This is emerging, of course. We still live in his burnout society and there is still a vivid truth in what he proposes on the pages of “The Transparency Society” as well. The thing is, it doesn’t have to be permanent. Token creation and trade are making their way. A time will come when blockchain communities turn into our shelters for interaction and growth. That time will be upon us soon, many claim otherwise. These skeptics base their statements on the news. Despite how accurate such a thing might look like, it is not the time for blind considerations over it. Framing is so evident lately.

The help is born from the tokens.

We must get into the mutual support praxis. This is not only a we-help-each-other-relationship. It goes beyond. The help is born from the tokens. Every someone who gets one or many of them will be putting trust in whatever that backs up those tokens. Their value will be established by the concourse of propositions that may take place in the platform. There will be an expectation over this process. The fact I get a token in exchange for future performance. A cut of an effort. The token holder buys a piece of an opportunity for the issuer to accomplish its project. That process, along with the final result, will give the token the revenue that completes the mutual support praxis.

 It is not “solely” an investment.

Some might say it is all about investment. It looks that way. Nevertheless, it is not only that. Besides, the legal implications suggest token purchase is not “solely” an investment at least not the ones created on mintMe; this goes beyond. Having said this, we understand that the fact of revenue, as the purpose of the token, comes along with the expectation of the project per se. This is the base for their pricing to fluctuate. Fluctuation at this point is our keyword.

Be ready to take this step into your near future.

A path will be set. The worth of the tokens will be correcting themselves to finally reach a stable momentum; perhaps when we get to see several projects running already. This means that getting tokens from early-stage projects is more than a wise call. Be ready to take this step into your near future and start holding tokens. Check mintMe.com and find more than a thousand projects to review, to analyze, and see how they prosper with your initial push. 

By Orlan Silva