网络安全检测|网络安全服务|网络安全扫描-香港墨客投资移动版

yi@odyssey（ocn）:@Ryan Selkis that might be true in a normal market with usage driven demand and supply, but the current crypto is driven by speculative demand and market sentiment, going to zero would indeed also affect eth and bitcoin not?

这可能是一个正常的市场，使用驱动的需求和供给，但目前的密码是由投机需求和市场情绪的驱动，去零的确会影响ETH和比特币吗？

Ryan Selkis：I believe we’ll see a decoupling not sure it will be this year. But the current valuations are overvalued by orders of magnitude outside of “money” cryptos

我相信我们会看到改变，但不确定今年会不会。目前的估值高估了数量级有关于“钱”的密码。

yi@odyssey（ocn）:If all/majority of the assets in the states go to zero USD would be useless as well

如果美国所有/大部分资产为零美元，那也将毫无用处。

马昊伯：hope to learn more reasons about utility token all go to zero，how to judge a token is a money or not

希望了解更多实用代币都归零的原因，如何判断一个代币是否能赚钱。

Dovey Wan 丹华资本：@Ryan Selkis a natural next question here is, it seems like all token holders have the expeection of price appreciation, which essentially  make token security by investor psychology... how to decouple its value of speculation which is also a real demand from the actual utility demand?

下一个问题是，似乎所有的代币持有者都有价格升值期待，基本上使代币安全投资者心理…如何将投机价值与实际需求相结合呢？

yi@odyssey（ocn）:Depreciation for utility token without strong fundamentals behind is healthy, but the question is whether certain tokens could survive in a crash if the current pricing is primarily driven by sentiment and not real demand plus supply

实用代币的折旧没有强大的基本面是健康的，但问题是，如果当前的价格主要是由情绪而不是真实的需求加上供应，是否某些代币可以在崩溃中幸存下来。

Ryan Selkis：Expectation of profit is only one component to a security

Another important component is if the expectation is based on the work of others

利润预期只是安全的一个组成部分。

另一个重要组成部分是，是否期望是基于他人的工作的。

Utility tokens where you commit a resource like bandwidth or storage, you are doing the work to grow the value of that resource and network

Most token sales that are “flipped” are held 100% for speculation.

The more speculators, the more likely a regulator will view the offering as a security

This is why investors that get steep pre-sale discounts and then “flip” their tokens put projects at risk - they aren’t doing anything to add to the project, simply pumping the value and selling to less sophisticated investors.

One way to mitigate the risk as an investor is to invest at the same terms as project founders which could include vesting periods.

Filecoin and many other top projects have started to do this in the US

在提交资源时，例如带宽或存储，你正在做的工作其实是增加资源和网络的价值。

大多数代币销售是，“翻转化的”，100%为投机持有。

投机者越多，监管机构就越有可能将发行证券视为一种担保。

这就是为什么那些获得很高的预售折扣，然后“翻转”代币的投资者会把项目置于风险之中——他们没有做任何可以增加项目的事情，只不过是把价值推给那些不太老练的投资者。

作为投资者减轻风险的一种方法是以与项目创建者相同的条件投资，这包括投资期限。

filecoin诸多顶级项目已经开始在美国做这个

Dovey Wan 丹华资本：@Ryan Selkis as you said regulation will tighten if speculators are flocking into the space, same with scammers. in your point of view, what is the best recommendation for “Self-governance“ and whistleblower on scammers

正如你所说的规定如果投机者涌入空间收紧，同样的骗子。在你看来，“自治”和举报人对骗子的最好的建议是什么？

Joe Ma：@Ryan Selkis Regarding point 2, global regulation in crypto world may face the same situation with global warming. To go further, What kinds of mechanism would be global regulation like? Will there be a coordinating conference for agreements coming in major countries like G20?

Ryan Selkis：The challenge regulating crypto is one of jurisdiction

It would be tough to self-regulate without a global regulator that had the ability to enforce laws across borders.

Perhaps the best way then to self-regulate is through improved transparency standards