Why Etchtoken can be a good investment

in #ethereum7 years ago

Etchtoken has a few things that set it apart from other staking / lending tokens and I will try and write a brief summary on why I think those differences can turn it into a profitable venture. For starters , we are putting the majority of the tokens into the community's hands. A token is as only as sustainable as the community that takes an interest in it. Whether its a bitcoin clone , an Erc20 token, or a privacy coin, the value only comes from the community that supports it. So rather than having and ICO , paying developers to create a fancy website , and then charging a few dollars and raising millions, we thought it would be more beneficial to give them out to community members who work to help spread the word , grow , and develop the platform. This gives everyone equal opportunity to be part of creating an ecosystem and getting the benefits from their hard ork. Typically , when a developer raises all that money, they get very content and in most cases abandon the project altogether. With Etchtoken , everyone who gets involved is paid a share of tokens for their work, which will in return create very long term sustainability.

Another feature about the token is the unique staking feature which is done from any Erc20 wallet. This enables token holders to stake with the same security the wallet they use offers. No need to ever deposit onto a site. Too many times we see websites collect a bunch of tokens or ethereum and close the site down , disable withdrawals, or put restrictions on what you can do with your tokens.

Another reason why etchtoken is a good project to help grow is because the token is run through a smart contract . Other contracts can be created to interact with it. These can be games , exchanges, or passive income contracts. The sky is the limit. In fact, we are working on some right now. We are always looking for developers with great ideas to join and help grow.

Finally, we are always looking to partner with other up and coming projects and bring communities together. If you have a new project , are dedicated to it and want to gain more exposure feel free to join our telegram and talk to yself or any of our admins. We are on round the clock and can assist in any way.