The Bancor protocol technology solves the economic problem known as «Double Coincidence of Wants» — where a seller of
a set number of tokens must find buyers wanting the same number of tokens — at the same time — in order for a trade to take place.
I find this works best with the use of contribution tokens (maths counters work very well) where each student is given
a set number of tokens at the start of the lesson and has to pay a token for each contribution.
When you have obtained tokens, every action you will attempt is charged in light of
a set number of tokens.
SAFTs, in which investors are promised
a set number of tokens that don't yet have value, are popular because they allow investors to put money toward the technology rather than in a centralized company.
Not exact matches
Finally, certain
number of tokens will be minted daily from the creators pool, according to a
set formula for rewarding contents by proof
of creativity.
Setting a cap on the
number of tokens is necessary because having a limited supply
of tokens automatically increases their demand (according to the law
of supply and demand).
At the end
of the 5 day period and at the end
of each 23 hour period referred to above, the respective
set number of EOS
Tokens set forth above will be distributed pro rata amongst all authorized purchasers, based on the total ether («ETH») contributed during those periods, respectively, as follows:
Johnson's
token sale works something like this: First, the seller (or project owner)
sets a maximum
number of tokens to sell or a maximum amount
of ether to raise.
With the sheer
number of token sales launching recently, Smith + Crown is looking towards our readers for a little help
setting priorities.
The crypto exchange has
set its eyes on increasing the
number of tokens it offers on its platform.
The platform has
set the maximum
number of tokens at 10,000,000 and all the unsold
tokens are burnt after the crowdsale.
Apart from
setting marketing goals, the team has prepared a
number of technical alterations that will be implemented due to the creation
of their own network instead
of using ERC20
token standard.
The
number of tokens on Ethfinex is
set to rapidly increase as its trading engine is tested and matures.