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3199688 No.3199688 [Reply] [Original]

What are the capital requirements to start your own token? How do tokens acquire value? Is an ICO required to establish a base value?

>> No.3199731

>>3199688
>What are the capital requirements to start your own token?
non. well, technically you need a CPU and internet connection.
>How do tokens acquire value?
currencies need 3 things to have value. limited supply (people will sometimes call this 'scarcity'), fungibility, and liquidity
>Is an ICO required to establish a base value?
absolutely not. look to the original memecoins (dogecoin specifically) and even wojakcoin or niggercoin

>> No.3199745

>>3199688
am i the only one who thinks elon appears to be very unhappy? in interviews and anecdotes he just appears to be terribly unsatisfied. is it autism or something else?

>> No.3199780

>>3199745
Probably because he knows the end is nigh - why else would he want to get to Mars so badly?

>> No.3200321

>>3199731
Thanks. I'm still new to this stuff. Reading the Eth whitepaper now.

>> No.3200680

>>3199745
He knows the robots are going to kill us all soon.