Can someone please rationally explain why the OmiseGo token was

Its just the Eth token craze. produce a 15 page whitepaper, copy 40 lines of code, make 100 million+. Eth tokens are dumb money

>>2955780
this

all icos are scams. I guess OMG was less greedy and gave a little back to the community

>>2955683
>Can someone please rationally explain why the OmiseGo token was created?
eth assets go moon

>>2955683
Because token sales are unregulated unregistered securities that pull obscene amounts of money with little to no real world use cases

>>2955847
The issue is people are dumping so much money into OMG on the basis of it being a legitimate company (hurr durr McDonalds). I'm just questions Omise's motives for actually creating a token? Why did they need to create one? Purely a money-grab for their management etc?

>>2955869
Idk man. I gave it a glance and was not convinced. I'll be over here accumulating iota

File: omise-team.jpg (219KB, 1024x683px) Image search: [Google]

219KB, 1024x683px

Look at this fresh faced bunch.

I don't know what's up with this coin, but I am REALLY glad I dumped my XRP to buy this yesterday.....

File: tfwmosley.png (72KB, 712x512px) Image search: [Google]

72KB, 712x512px

>>2955888
nice trips.
i think i could singlehandedly take out that entire room at once in hand to hand combat like Jet Li in One does anyone else know that feel?

>>2955869
Through OMG tokens, the holder is granted the right to participate in validating the transactions that go through the OmiseGo network, earning validation fees in the process.
they outsource mining and trick you into running their network?

>>2955847
>Because token sales are unregulated unregistered securities


If you bothered to read the actual definition it concerns tokens where the goal is to provide some sort of annuity-like thing. From what I understand the token is used on the network and has speculative value because ti is used and scarce, however, holding it does not guarantee you some dividend or other benefit

Keep that in mind all you "staking" snowflakes

>>2956057
>>2955957
if you bothered reading, jessica, you would see i just explained that.

>>2955957
>earning validation fees

When the network launches they say it will be a function, however, that is not guaranteed and technically optional

I for one am not nerdy enough to care about "running a node" or some CPU-crippling BS but thanks to those that do

>>2955683
it was created to

MOON
O
O
N