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Nairaland Forum / Nairaland / General / Investment / Why Does Every Project Create A Native Token? (62 Views)
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Why Does Every Project Create A Native Token? by Femiamo: 8:04pm On Aug 01 |
I saw this project because it's basically a kit for developers to create dApps and they are designed to offer high-performance and low-latency trading infrastructure to simplify the process for developers integrating perpetual futures or spot trading into their applications, but what bothers me is this project apparently has their own native token it just seems like all projects are having their native token for no reason these days and my guess is maybe to make profit from the market but most of them claim holding it gives you privileges that are mostly meaningless. I was just surprised when I saw Orderly network on Bitget pre-market when I went to search for another token there. I think I might actually consider checking out the pre-market for it since it's a solid project I think it's for profit or do you guys think most native tokens are actually useful? |
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