根据我们从18个交易所的抽样调查中，随机抽取5个月的数据表明：是。 平台币作为平台回馈用户、增加平台曝光度、加强用户忠诚度的一种应用代币，自BNB从2017年8月最低的0.11usd到最高25.18usd创下百倍神话之后，各大平台纷纷开始发行自己的专属平台币，平台币呈现出遍地开花之势，同时也受到广大投资者的关注。在经历过几个月的发展时间之后，平台币的运作模式已经逐渐成熟。在今后，平台币预计会成为常规币种之一，本文对各主要平台币做了一个梳理，分析各平台币运作模式以及平台币内在价值。 各大交易所平台币对比 放大检视或下载2018年平台币价格分析(中文版） 统计数字会说话：上表提供了18个交易所/平台货币的核心信息。 我们取其中8份完整的数据，并将它们各自的ICO价格（以美元计算）与2018年前五个月的平均首日开盘价格进行了比较，结果显示该8种货币在2018年1月1日至5月1日的首日开盘价格，平均来说，比相应的ICO价格高出6.18倍！ （注意：在我们的计算中，我们已经排除了没有经历过ICO的免费平台币，并且排除了最高的样本[Binance，交易价格为ICO价格的72.25倍]和最低的样本[Huobi，交易价格为ICO的1.45倍]）。 所以问题是：「交易所实用型货币会是所有加密货币之中的”安全天堂“吗？」 目前主流的平台币主要分为分红币、回购币和其他币种。 分红币 分红型平台币类似于股票的股利，以平台交易手续费盈利按一定百分比为总量，以平台币为基数，向用户分红。例如时代币TMC、库币KCS、龙币DT、BIX等。 分红型平台币主要靠分红获利，其盈利状况和平台运营状态以及交易规模密切相关，币值难有较大的增幅，且分红模式会受监管的不利影响。 回购币 回购型平台币的投资逻辑如同加强版的比特币逻辑，相较于比特币的发行量恒定，回购型平台币总量会逐渐缩小到规定值，且具有一定的支付功能，如：支付交易手续费且有折扣，作为平台一种计价方式，购买其他数字货币，支付平台专属服务等。未来有打造成公有链的趋势，支撑平台产业应用，正宗物以稀为贵。例如：BNB、DEW、HT、BIG、ZB等。 回购型平台币相较于分红型平台币拥有更多的内在价值，一方面平台币可作为手续费支付方式且享有折扣；一方面平台将会按照约定回购平台币形成强大买盘，有些币种也会设置销毁机制；另一方面拥有平台币才可享受平台相应专属服务。因此，回购型平台币具有一定的增值潜力。但多数平台用利润进行回购，从财务角度而言，需要考虑税收和运营公司所在地的财会和法律等因素，透明性较差。…
5 months of randomly selected data from a sampling pool of 18 exchanges is suggesting “yes”.
We’ve all heard of the Binance legend: the platform’s token BNB went from $0.11 in last August to $25.18 in this January, and became the top three exchange 143 days after launching, making it possibly the fastest tech startup to achieve unicorn status. Binance’s success has led to a blossoming of “Platform Tokens”, a specific genre of cryptocurrency which is often used to reward users, enhance platform exposure and increase “stickiness”, or member loyalty. Here we will be looking at the operation models of different platform tokens and their intrinsic value.
Comparison of Platform Tokens
Enlarge & Download at 2018 Platform Tokens Analysis PDF Version
READING THE STATS: The above table provides some core information of 18 exchange/platform tokens. We have taken 8 of them with complete data and compared their respective ICO prices (in USD equivalent) to the average first day price traded for the first five month in 2018, and showed that, prices of the 1 January – 1 May 2018, five months first day prices, on average, are trading at 6.18 times higher than respective ICO prices!
(Note: in our calculations we have excluded the complimentary platform tokens that did not go through ICOs, and excluded the highest sample [Binance, trading at 72.25 times of its ICO price] and lowest [Huobi, trading at 1.45 of its ICO price]).
So the question is: “Are exchange utility tokens a ‘safe heaven’ of all cryptocurrencies”??
Mainstream platform tokens can be broken down into dividend tokens, buy-back tokens and other tokens.
The essence of dividend token is similar to the dividend in stock. A certain percentage of profits from the platform’s administrative or transaction fees are distributed to users in the form of dividends. Examples of dividend tokens: TMC, KCS, DT, BIX, etc. Dividend token is all about profitability, which is closely related to the day-to-day platform operation and trading scale of the exchange. The value of the token is unlikely to increase dramatically, and the dividend model will be adversely affected by governmental regulations.
The investment logic of the buy-back token is not dissimilar to the “enhanced version” of Bitcoin. Compared to the fixed or constant circulation of Bitcoin, the total amount of a buy-back token will also gradually shrink to the specified value, and like Bitcoin, the token also has some kind of payment function, from settling transaction fee, to purchasing other digital assets or exclusive, “VIP” services on the platform. There is also the tendency of creating a public chain, supporting the industrial application of the platform. The selling point of buy-back tokens is often its innate scarcity. Examples of buy-back tokens: BNB, DEW, HT, BIG, ZB, etc.
Buy-back tokens often have higher intrinsic value than dividend tokens. On the one hand, the platform token can be used as a method of discounted payments; on the other hand, the platform will repurchase platform tokens according to the contract to generate powerful buy orders. Some buy-back tokens also has a destruction, or “burning” mechanism, to guarantee the token numbers in circulation, and maintain the demand in the long run. Therefore, many buy-back tokens are often forecasted to have a bright future. However, since most platforms use their profits for token repurchasing; taxation, financial and legal aspects are factors need to be considered, thus companies with low transparency in their corporate entity setup should be avoided. However
Besides dividend and buy-back tokens, some platform tokens are mainly used for promotion and loyalty credits. An example is CEX, which has a total supply 150,000,000, with its users holding 30,000,000 and the platform reserving 120,000,000, which doesn’t appear to be a ratio with high investment value.
There is also another type of platform token, which itself is mainly used as products within a closed ecosystem, such as QASH, which is a financial service payment method. This type of platform token has constant issuance, no dividend, no repurchase, and its value is solely determined by its project development.
On the whole, the better the development of the platform, the higher is the value of the platform token. In addition, due to its inherent destructive nature, repurchase mechanism, platform-specific payment capability and potential of value-exchange with other projects, platform token is a functional and relatively stable type of cryptocurrency. Early investment in a platform token issued by, and backed by a platform with good prospects, is likely to yield considerable long term benefits, along with the sustainable development and growth of the platform.
Disclaimer: The above article is based on subjective perspectives and not an investment advice. Please do your own due diligence before investing in any digital asset.
The Latest Exchange Token in the Making
XBrick is a global digital asset trading platform, or cryptocurrency exchange, operated under X Blockchain Pty Ltd. headquartered in Sydney, Australia. The XBrick core team members consist of directors and senior executives who have worked at listed companies on the ASX, and renowned Australian family private equity groups. The core team has rich experience in investment banking, finance and senior management from world-class financial institutions.
XBrick is meticulously built by a team of blockchain technology experts, which takes pride in optimizing the experience of global blockchain digital asset transaction. With multi-language support, SSL bank-level encrypted transmission, hot and cold wallet isolation management, multi-layer/ multi-cluster system architecture, high transaction speed of 2 million orders per second, high-performance liquidity-matching engine technology and global AML/ KYC system, XBrick is providing users the most secure, stable and convenient global cryptocurrency trading services.
As the platform token of the XBrick platform, XBC enables token holders to settle transaction fees on the platform at 50% discount. Of the portion of XBC received as a fee by the platform, 20% to 80% will be burned and destroyed directly. XBrick is the first one to initiate this operation model in the industry. This leaves the platform unaffected by taxation and various accounting factors and gives the platform extremely strong token buy-back power, precisely because this does not involve any financial management, the whole process will be as transparent to the market as possible. Under this model, the more deals the platform handles, the stronger the token destruction power is.
The five fundamental functions of XBC:
- XBC can be used to settle transaction fees and other expenses on XBrick
- XBC is developing its own public blockchain
- XBC can be used to purchase privileged services on the platform
- XBC is one of the benchmark currencies on the platform
- XBC holders enjoy priority access to pre-selected token sale projects in the community
XBrick has entered into a partnership with strategic partner LiquidAlpha, an experienced trading team and developers with more than 10 years of experience in quantitative and high-frequency trading. XBrick and LiquidAlpha have been working together to develop a mature technology that continuously scans and collects transactional liquidity information from all over the world to form a simple, accessible Global Consolidated Order Book (GCOB), and Dynamic Liquidity Providing Engine (DLPE) that provides liquidity under specific market conditions, together these can provide XBrick users the highest liquidity and most favorable market prices.
XBrick is currently advancing awareness through international roadshows in South Korea, Dubai, Canada, Hong Kong, Australia, and other countries. At the same time, XBC will soon enter an early stage of token pre-sale, followed by a public sale. XBrick is expected to become one of the high-potential crypto exchanges with advanced in-house technologies in store, investors could consider early participation in its platform tokens.
XBrick token sale website: https://xbc.xbrick.io
XBrick Exchange website: https://xbrick.io
XBrick Bounty App: https://i.xbrick.io/en
XBrick Telegram Groups:
Telegram group (Global): https://t.me/XBrick_GLOBAL
Telegram group (Chinese): https://t.me/XBrick_CN
Telegram group (Korean): https://t.me/XBrick_Korea
Telegram news channel: https://t.me/XBrick_NEWS
Written by: Futurelabs
Translated by: COINS MARKETING