//Creating tokens with entrenched value: trend in 2018

Creating tokens with entrenched value: trend in 2018

Before I start this article I should state that I will be using CanYa and their recent partnerships especially JD.com as an example, if you find this offensive or akin to shilling please replace my example with your favourite project since the rules will be the same.Now that I have been investing in crypto projects for about a year and seeing how some projects especially CanYa is coming along I have started becoming a believer of the concept of “token value entrenchment”. This means as crypto projects evolve and start delivering actual value as opposed to mostly speculation and feel good factors there has to be a very clearly articulated methodology of “token value entrenchment”. Some projects such as CanYa are clearly ahead of the game here. Let me take you through why so in a step by step manner: 1. Real value is created though partnerships such as the ones with JD.com where CanYa is set to become the partner of choice for services such as furniture assembly once a product is purchased from the JD portal. Other avenues include CanYa’s BountySource platform which will become an instantaneous token value generating source. All this will happen in March when the global CanYa app will be launched and used. 2. Once such value is created for application orientated tokens such as CanYa the valuation methodology will be closer to traditional models such as shares. What this means for CanYa is that when the company starts producing real income they will then have the ability to significantly influence the token price through instruments such as token buy backs, token burns plus the really well thought out token holding (hodling) schemes. The traditional crypto token price model that everyone is quite used to right now with wild swings will become less relevant then. There will still be wild swings for tokens that are in their early phases of development and quite speculative. 3. Finally projects such as CanYa as they become more mature will have less of a linkage with the fluctuations in the crypto trading market, this will progressively happen as the product matures and will start giving huge returns to long terms hodlers. Kind of justifying the reason why there is a hodling community. For day traders the appeal of CanYa could become lesser perhaps but there might still be some interesting movements like the share market for some traders to perhaps be a bit interested. In the meantime one will have new ICOs coming out all the time providing a vehicle for speculators and day traders to still make or lose big money due to crypto fluctuations. Having said that several of these projects will also bite the dust given they will not have any real product and/or market offering so it will be a really big gamble. As the market matures the ability for new projects to make a mark will diminish as well so some of the best projects such as CanYa will have the ability to become behemoths. For more information on some of the latest developments in CanYa’s journey especially the JD.com partnership please visit the following links: https://canya.io/ http://ift.tt/2EWnlMr

Before I start this article I should state that I will be using CanYa and their recent partnerships especially JD.com as an example, if you find this offensive or akin to shilling please replace my example with your favourite project since the rules will be the same.

Now that I have been investing in crypto projects for about a year and seeing how some projects especially CanYa is coming along I have started becoming a believer of the concept of “token value entrenchment”. This means as crypto projects evolve and start delivering actual value as opposed to mostly speculation and feel good factors there has to be a very clearly articulated methodology of “token value entrenchment”. Some projects such as CanYa are clearly ahead of the game here. Let me take you through why so in a step by step manner: 1. Real value is created though partnerships such as the ones with JD.com where CanYa is set to become the partner of choice for services such as furniture assembly once a product is purchased from the JD portal. Other avenues include CanYa’s BountySource platform which will become an instantaneous token value generating source. All this will happen in March when the global CanYa app will be launched and used. 2. Once such value is created for application orientated tokens such as CanYa the valuation methodology will be closer to traditional models such as shares. What this means for CanYa is that when the company starts producing real income they will then have the ability to significantly influence the token price through instruments such as token buy backs, token burns plus the really well thought out token holding (hodling) schemes. The traditional crypto token price model that everyone is quite used to right now with wild swings will become less relevant then. There will still be wild swings for tokens that are in their early phases of development and quite speculative. 3. Finally projects such as CanYa as they become more mature will have less of a linkage with the fluctuations in the crypto trading market, this will progressively happen as the product matures and will start giving huge returns to long terms hodlers. Kind of justifying the reason why there is a hodling community. For day traders the appeal of CanYa could become lesser perhaps but there might still be some interesting movements like the share market for some traders to perhaps be a bit interested. In the meantime one will have new ICOs coming out all the time providing a vehicle for speculators and day traders to still make or lose big money due to crypto fluctuations. Having said that several of these projects will also bite the dust given they will not have any real product and/or market offering so it will be a really big gamble. As the market matures the ability for new projects to make a mark will diminish as well so some of the best projects such as CanYa will have the ability to become behemoths. For more information on some of the latest developments in CanYa’s journey especially the JD.com partnership please visit the following links: https://canya.io/ https://blog.canya.com/2018/02/27/canya-partners-with-chinese-retail-behemoth-jd-com-for-blockchain-accelerator/

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