RE: Tokenization: Allowing Us To Buy Into Entities by preparedwombat

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Viewing a response to: @taskmaster4450/tokenization-allowing-us-to-buy-into-entities

· @preparedwombat · (edited)
$0.07
>I started to take some of my payouts and convert them to ENG tokens since I felt underweight there.

What’s the argument for buying ENG? There are only 4 million now, but a maximum of 9 *quadrillion*.
👍  ,
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vote details (2)
@taskmaster4450 ·
Those numbers aren't accurate.  Look at PAL...it says a maximum of 7 billion.  According to the white paper, there inflation rate will net out only about 50 *million* decade.
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@edicted ·
I also don't understand the ENG token but I also haven't really looked into it.
I dove into PAL because it seems like a flagship token.
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@freebornangel ·
I think eng must be staked to allow rc on steem-engine.
It was gonna be the token needed to pay fees, but they changed models.
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