Monthly /r/ETHInsider Alt-Coin Discussion - XRP, ZEC, BTC, Dash... - August

Toootally not going defensive. I agree with you about the current state of token utility! I’ve had more time to feel out the vision with the team so I’m not concerned in the least but to everyone else I can understand some head scratching over it.

My $.02: People are so focused on the Trusted Lending Circles product they forget WeTrust is building a platform of financial products and services. It’s always been a long game and there are countless ways for WeTrust and companies that build on the WeTrust platform to utilize TRST. Token utility isn’t an afterthought. It’s a blank slate and a box full of chalk.

Their primary focus right now is building a great product for the un/underbanked. Period. That is what they raised money for and that more than anything will determine the success of the project (if not the valuation of the token).

raged them to be more clear about token utility. There’s some frustrating irony in your tact here, though.

  1. Token utility has precisely zero bearing on productive viability. Most of our initial target market (the un/underbanked in the developing world) doesn’t know what crypto is and can’t afford to hold assets of fluctuating value. For them it can be a matter of life and death, not moon and rekt.
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