Quote:
Originally Posted by karl262
To whatever purpose the creator of a token chooses, maybe as a digital certificate of authenticity that can be transferred to demonstrate chain of custody. Maybe to demonstrate ownership shares in a company. There are endless reasons to create a new digital token and many platforms to host on.
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None of these make sense as a crypto though, why would anyone want to endlessly pay for this? all you need is a single trusted 3rd party, correct me if I'm wrong but you have to endlessly pay for crypto's, computer owners have to be incentivised to operate a crypto and you need a lot of them, that would be a costly way to create a token to indicate ownership