Photo: Defying the Crypto Naysayers with Tokoverse / Tokocrypto

3 Reasons Why Tokoverse is Defying the Crypto Naysayers

With the crypto market experiencing quite an unprecedented downturn of late, crypto naysayers are having a field day as they take their shots at crypto when it’s down, blabbering about the applicability to the crypto market of the greater fool theory which posits that the market is nothing more than a bubble and that cryptocurrencies are nothing more than fool’s gold. According to these naysayers, the crypto bubble has passed its tipping point and is about to burst which is why Bitcoin (BTC) is set to be heading for zero.

Crypto: Yay or Nay?

In general, the greater fool theory suggests that traders can generate profits from overpriced financial investments as long as they can find people who are more foolish than themselves i.e. greater fools to buy their investments. According to the theory, the market valuation of overpriced financial investments fails to take into account their underlying fundamentals whereby in the case of crypto, some crypto naysayers assert that cryptocurrency has no fundamentals to begin with.

As the reasoning goes, when the market bubble bursts and there is no greater fool left, those who are still owning overpriced financial investments i.e. the bag holders would be the ultimate losers. By analogy, this renders crypto to be akin to a game of musical chairs whereby those who are left standing when the music stops would lose the game.

Tokoverse: The Home of Crypto Intrinsic Value

Right from the get-go, Tokoverse was conceptualized as a crypto ecosystem which is focussed on building strong fundamentals through the generation of intrinsic value and here are 3 reasons why Tokoverse is the home of crypto intrinsic value:-

Reason #1 — Toko Token’s Intrinsic Utility Value

As the native utility token of Tokoverse, Toko Token (TKO) epitomizes crypto utility by enabling its holders to pay, shop and travel through its long list of functional use cases including Binance Pay, Shopping.io and Travala.com.

Photo: TKO’s Utility Value / Tokocrypto

Reason #2 — Tokocrypto Exchange’s Intrinsic Stability Value

The stability of Tokocrypto’s exchange which stands at the heart of Tokoverse is warranted by the Binance IDR (BIDR) stablecoin that helps mitigate the liquidity risks exposure of the exchange particularly in times of high market volatility.

Photo: Tokocrypto Exchange’s Stabilizing Value / Tokocrypto

Reason #3 — T-Launchpad’s Intrinsic Functional Value

Tokoverse’s functional reach extends beyond crypto through its T-Launchpad platform which has successfully incubated dozens of blockchain projects and startups such as Avarik Saga, Nanovest and Play it Forward DAO.

Photo: T-Launchpad’s Functional Value / Tokocrypto

Whilst the jury is still out as to whether crypto investors are nothing more than greater fools, Tokocrypto has structured Tokoverse in a manner which imbued the ecosystem with strong fundamentals whereby the resulting intrinsic value renders Tokoverse to be the best bet to defy the crypto naysayers.

Did you know that TKO is now available on all these platforms?

Enjoy this article? Join our TKO by Tokocrypto Channels Now!

We post the latest updates on our TokoToken Channels. You also get a chance to discuss with other fellow Tokonauts! What are you waiting for? Join the Community Now!

👉 https://linktr.ee/TKObyTokocrypto

Have a read of TKO’s Whitepaper here 👉 https://bit.ly/3IjDah1

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store