What is the purpose of a new token ? Do You Intend To Launch Your Own Token On SNAX? 30 Days Writing Challenge, Day 18.

The idea behind launching bitcoin has been to create a currency without a central bank. Banks rules the world and the world maybe a better place to live with a decentralized currency.
Of course blockchain may have other purpose and Vitalik decided to create a blockchain which would associate smart contract + token = Ethereum

Dan Larimer fasten the process by inventing the Delegate proof of Stake and the Bitshares blockchain reach 3,000 transactions per second.
Bitshares, NEM, Ethereum has been the first platforms with the possibility to create a new token in few hours for a limited investment.
Cardano, Stellar, Tron all have their own specificity and today, we have thousands of tokens available. Do we need more tokens ?
Yes, because we still did not solve the fundamental problem of wealth redistribution.
https://steemit.com/asa/@chrisaiki/how-to-fairly-redistribute-the-wealth

My own proposal is to give an initial funding to 100,000 nonprofits on earth. This is why I created the Ventureo token issued on Bitshares
http://ventureo.solutions

But marketing a token is something requesting large resources, that I cannot do by myself. This is why I am joining other interesting projects like Manna, EverGreencoin, Onfocoin and, more recently, SNAX.
SNAX is correcting the awful distribution of Steem with a new algorithm.
Now, SNAX is also proposing to create new token. The limit is , if every body owns its own token, then the exchanges are very limited and the initial idea to have a decentralized currency is not reach. How many tokens do we need on Earth ? Each company can create a specific token for its own development like they have shares that people can buy. There are millions of companies in multiple niche markets. Also there are hundreds of fiat currencies and we can certainly use 2 or 300 hundred tokens on the planet for commercial purposes.

Like always, the main point is to build a strong team which shared objectives. So if the SNAX team have compatibles objectives of a better environment and a better relationship among humans, then yes, I could issued a SNAX.Ventureo token, especially if the SNAX foundation help me to market it ;)
But we are not there today. Today SNAX is a 2 month old token with about 1 thousand owner, according to the SNAX blockchain explorer, which is quite an impressive growth. I don’t know how many months it took for Bitcoin to have 1 thousand users. It is very difficult to know how many people are using BTC, ETH or EOS. I have several Ehereum addresses I am not using.
Mahesh Chand is ranking blockchain users in this article :
https://www.c-sharpcorner.com/article/what-is-the-most-popular-blockchain-in-the-world2/

The landscape is evolving very rapidly.
What will be the price of SNAX in 6 months, one year or 3 years will determine the interactivity of the SNAX blockchain to create new tokens.

This is my contribution to the #snax #challenge30days implemented by @dragosroua.
See you tomorrow.