For almost a month, I have been doing some major exploring to prepare for a transitioning of my online business to include a token reward program.
I have been focused on understanding the valuation for a token. With all the hype and misleading information out there, I am reminded that BBB may mean Bullshit Baffles Brains.
I did some searching using different questions and the phrase; token reflective of business value and I came across something new to me. Reflective tokens?? Surprisingly, I did not come across anything on Leo Glossary, maybe I missed it. Interesting strategy to help support a token value by linking it to asset value of another coin, gold, cash, etc The words pegged, backed, wrapped,..comes to mind and I realize I need to pull back again before getting too far off track. There are many factors at play in understanding the true value of anything.
Does the price of a token really matter?
The following is a link to an interesting read.
Do crypto prices actually mean anything?
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