Jul 1
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.
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.
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.
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.
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