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RE: Running Security Token on Polymath - is it a REVOLUTION? (tutorial included)

in #crypto6 years ago

Hi @n1hal

One last question: If security tokens are based on real world assets, can they be inflationary or deflationary like Ethereum and bitcoin respectively??

Excellent question. The way I see it is that noone wants to sell ownership to their own business for very little.

Do you think Steemit Inc would be flooding market with cheap STEEM only to cover their crazy expenses if that would mean that they may be bought over very easily and then lose their jobs and being replaced with someone else?

I bet google/fb or some other giant would already do it. So it will be in interest of each business not to allow it to happend. Right now there is simply no fear and all those projects are panic selling whatever they have just to cover their costs.

Does it make any sense?

Yours
piotr

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Hmm I think I get it. So let me frame it again in a better manner "Can security tokens nos. be altered once a real world asset is tokenized?"

Im sorry @n1hal

My knowledge is to limited to answer that question :(

I am afraid that I also didn't understand the question @n1hal. Could you rephrase?

I meant can the circulating supply be changed after tokenising a real world asset. Like Ethereum which keep on increasing or like BNB which keeps on burning it's tokens at regular intervals???