Thread: Sports Card DAO
View Single Post
  #9  
Old 12-29-2021, 06:45 PM
Fred's Avatar
Fred Fred is offline
Fred
Member
 
Join Date: May 2009
Posts: 3,252
Default

For clarification:

If the price of the asset increases, does the price of the "token" increase with the asset increase?

The assumption is that the "token" can be purchased or sold at anytime and the value of the "token" is set by the voting "token" holders. Is that correct?

How long does it typically take to buy/sell a token? An assumption is that there needs to be a "market" (buyers/sellers) of the "token" in order to transact and if there is nobody willing to purchase the "token", then you're just stuck with it. Is that about right?
__________________
fr3d c0wl3s - always looking for OJs and other 19th century stuff. PM or email me if you have something
cool you're looking to find a new home for.
Reply With Quote