I am crowd sourcing some answers because I have gotten several people asking if there is a way to create some sort of Mene token on steem engine.
It sounds cool and everything but can someone please explain to me the benefit for a company to do this and the mechanics of how this would work?
I’m genuinely interested on what a use case would be and how having a token is better than just buying 24 karat jewelry from the mene . Com.
(Mene accepts crypto through coinbase commerce btw)
.... or if you want something to trade there is stock:
So to summarize what im asking is:
1.Whats the point of a token for the Company (or any company that deals in a physical product)
2.What are the mechanics
3.How is this better than how it works now. (Why is it worth the risk)
Forgive me, I’m not particularly tech savvy so feel free to use simple language.
:)
For the record... I use steem engine all the time for 
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Jewelry Worth It’s Weight in Gold:
Menē crafts 24 karat gold and platinum investment jewelry™ that is transparently sold by gram weight. By combining innovative technology with timeless design, Menē restores the ancient tradition of jewelry as a store of enduring value.
I am on a personal mission to spread the word about Goldmoney and Menē through any means necessary. Goldmoney\Mene allows individuals to empower themselves by protecting their savings by owning small or large amounts gold previously inaccessible to regular people like you and me.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
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