Compliance with the factors that determine the value of a token
- Is the token tied to the use of the product, i.e. does it give the user exclusive access to it, or does it grant interaction rights?
- Does the token give control rights, such as voting on an issue or making a decision?
- Does the token give the user an opportunity to contribute to the value creation of a network or market?
- Does the token give you ownership, real or proxy?
- Does the token encourage active actions by the user?
- Does the token give the user something in return for sharing or other "passive actions"?
- Is buying something part of the business model?
- Is selling something part of the business model?
- Can users create a new product or service?
- Is the token mandatory to launch a smart contract or oracle funding? (oracle is a source of information or data that can be used in another smart contract)
- Is the token mandatory as a deposit to protect certain aspects of a Blockchain transaction?
- Is the token (or its derivatives) used to pay for something?
- Is the token required to join a network?
- Does the token enable real communication between users?
- Is there an incentive or reward feature for using the token?
- Is the token the main unit of payment and does it actually function as a domestic currency?
- Is the token (or its derivatives) the primary unit of account for all internal transactions?
- Can your blockchain autonomously distribute profits to token holders?
- Can your blockchain autonomously distribute other benefits among token holders?
- Do users receive any benefits as a result of embedded inflation?
©2019-2021 Blackbox. All rights reserved.
©2019-2021 Blackbox. All rights reserved.
