So basically owning security tokens is similar to owning shares of a company where in you can really have influence like voting and stuff. I have been reading and hearing about security tokens a lot in the recent past. Your post has drawn more attention over the topic and would love to see more articles about securities from your side. I am more of a Mobile user than PC user so I don't think I can get metamask and get tokens. However I am going to try it and get it somehow. One last question: If security tokens are based on real world assets, can they be inflationary or deflationary like Ethereum and bitcoin respectively??
Because that really decided the price potential of coins sometimes.
With warm regards,
@n1hal
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Hi @n1hal
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
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???
Thank you for your support @n1hal and good luck in process of creating your own token :)
All the best,
Jan