1). Explain what is Token Redenomination in your personal opinion? What distinguishes it from currency or other assets redenominations?

I think the redenomination of tokens, planned by the developers and intended for investors. First, the developers behind the project propose the redenomination of the token; The redenomination in tokens occurs when it experiences an exponential growth in value, decreasing liquidity and transaction levels, since only investors with a lot of capital can choose to carry out transactions. Therefore, the developers of the project can remake the token, to make it more affordable for retail investors.

The term "Stock Division" is one that exists in the stock market, where a company determines to execute a public offering, thus dividing the shares. The public thinks that the redenomination of tokens in the cryptoactive area derives from the division of shares on the stock exchange. It is true that both have the same intention of dividing the assets, so that in this way the supply increases and in this way demonstrates the liquidity that the asset has.

2). Mention the advantages and disadvantages of Token Redenomination

Advantage

• Arrival of new investors: the first thing that is felt after the redenomination of tokens is executed, is the arrival of retailers to the project, since it is one of the goals of the redenomination is to attract the attention of small investors who do not count with a large capital, but showing interest in the project.

• Greater liquidity in the project: This makes the amount of tokens distributed in a way that a few people cannot manage the economy of the asset. If a group of people who own the most crypto assets, it will cause the economy to stagnate and not fully develop.

Therefore, it is healthier for a project if the number of investors involved in market movements had a value so that in this way there is a price negotiation, so that the market has greater liquidity.

• Greater capitalization of the token: if the capitalization of the token is large, the investor can conclude that it is a good project. So if there is an increase in the number of investors obtaining a token, the market capitalization will also increase.

• Growth of the ecosystem: the project has more capital, due to the redenomination, it will affect the crypto ecosystem, since, in this way, other investors who have a project related to a token, will feel much safer at the time of integration and association with the other project

Disadvantages

• Makes the asset less controllable: this tends to be detrimental for wholesalers, since it makes them lose the certain control they have over the asset.

3). Do all cryptocurrency projects need to do Token Redenomination? Explain in your personal opinion

Not all crypto projects must undergo a token redenomination, since it also depends on the supply of said project. Projects with high token circulation should never undergo redenomination. And a project in which the amount of token circulation is low, yes, it is subject to studying a token redemption process, so that in this way retail investors can be incorporated.

4). Choose a project that has or is currently doing Token Redenomination and show how to convert old tokens into new tokens. (Screenshot Required)

A smart contract execution platform and collaboration ecosystem compatible with all native application-compatible platforms. TRIAS aims to define a tangible blockchain system with all the new generation platforms. Reliable and trustworthy smart autonomous systems make people trust machines.

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Here it can be seen that trias underwent a redenomination process, since the old token has 10,000,000,000 in circulation, while the new token has only 10,000,000. of supply.

5). Analyze whether the token from the project you chose in question number 4 is worth investing in. (Screenshot Required)

In my personal opinion, I very much doubt that trias token will be worthwhile in the future, since there are many projects with better projection and with greater market capitalization. What the project offers is something that many other cryptos also do, but with a few improvements. So it is not worth investing in this project.

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6). Conclusion.

The redenomination of tokens is an option that developers must consider for the project, in this way, allowing investors with little capital to enter the project comfortably. In the same way, we must continue to observe the trajectory of the projects where we dedicate part of our time and capital, thus avoiding scams that usually occur in the world of crypto.