Too Long; Didn't Read
Today seeing a yet another blockchain-powered project promising to change how the old world works is not a news. None of such projects fail to emphasize that “t<em>oken is an essential part of the ecosystem</em>”. Yet, a rare project convincingly explains “why it needs a token in the first place.” Often times a seemingly simple answer leads to countless nuances and triggers a lot of consequences. Take a popular answer “<em>it’s a means of payment on our platform</em>”. Great, but: