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RE: Token

in Ecency4 years ago

Right now you can buy with pegged price from in-app purchases reserve with HIVE, HBD and Fiat currencies (from mobile app). For Selling as mentioned we are working to decentralize the system, smart contract is required with current solutions we cannot do that. Two options, 1. wait for 2nd layer smart contract which couple teams including blocktrades team mentioned will be working on. 2. add erc20 token wrap which is in our roadmap.

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So the in-app purchase will stay with the new tokens coming? :D

Cool, gotta learn about ERC20 then xD

In-app purchase will be as it is for Points and Points are gateway/entry into Token. Due to regulatory reasons, direct purchase of crypto tokens are not allowed from PlayStore and AppStore. But it will be possible to quickly convert/buy token from wallet page with HIVE and HBD until reserve for that pool is available, after that, no more purchases, tokens will be circulating inside and only purchase from market will be possible.