Blockchain Influencer Thomas Power: 99% of Tokens Will Fail

Thomas Power talks to HODL Finance

Liquidity is probable only in the Top 20 tokens. Of all around 5,000 tokens, 99% will destroy and around only 50 will make it.

“The good maze of tokenization in the future will be the low liquidity of tokens. Actually, liquidity is probable only in the Top 20 tokens. Of all around 5,000 tokens, 99% will destroy and around only 50 will make it. Many of the survivors will merge, hurl up, acquire one another for talent, clients and token capital”, Mr. Power pronounced to Jaunius Spakauskas in an talk with the European crypto lending association HODL Finance.

Mr. Power, who is also a co-author of a book about ICOs, cryptocurrencies, and tokenomics, believes that one of the barriers to tokenization is the authorised uncertainty: “the courtesy might promote the regulator and move in correct lawyers. Regulation is vicious along with correct lawyers and eccentric Board Members. Most crypto startups don’t know all of this”.

One of the most engaging notions being popularized by Mr. Power is the ‘tokenization of people’s attention’. Mr. Power, who via his career lifted and sole £1.2 billion of collateral and assets, considers “attention is the product, so people should get paid to surf”.

There are companies that are already profitable people to roller with ‘attention tokens’. FaceCoin from Facebook will follow suit.

“Tokens for every like, every share, every photo, every invite, every message. FaceCoin then will be redeemable at Facebook Marketplace to buy things and services”, T. Power adds.

All brands will also adopt courtesy tokens and prerogative their consumers for obscure their CO2 emissions. Climate Change Strategy is where crypto tokens will make their symbol 2020-2030.

HODL Finance is the European digital lending company. HODL Finance issues loans corroborated by cryptocurrency and other digital assets. Founded by the shareholders of the peer-to-peer lending platform, Savy, HODL Finance now serves clients around the world.

Article source: https://www.prweb.com/releases/blockchain_influencer_thomas_power_99_of_tokens_will_fail/prweb16090821.htm

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