Cointelegraph Research: Valuing a crypto payment token By Cointelegraph
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For payment tokens such as Alchemy Pay’s ACH, there may not necessarily be a world where cryptocurrencies are widely accepted as a medium of exchange for everyday transactions, such as buying a gallon of milk in the grocery store, without fiat. This is because two parallel economies exist, and bridges between fiat and cryptocurrency are needed for the time being.
But how does one price such a token with payments as its bedrock? Is there a way to arrive at a fair valuation for ACH, whose growing dominance in the payments scene is evident in the number of payment channels that integrate with its technology? Or for any other payment-focused cryptocurrencies, for that matter? Cointelegraph Research dives deeper into this subject in its most recent report.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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For payment tokens such as Alchemy Pay’s ACH, there may not necessarily be a world where cryptocurrencies are widely accepted as a medium of exchange for everyday transactions, such as buying a gallon of milk in the grocery store, without fiat. This is because two parallel economies exist, and bridges between fiat and cryptocurrency are needed for the time being.
But how does one price such a token with payments as its bedrock? Is there a way to arrive at a fair valuation for ACH, whose growing dominance in the payments scene is evident in the number of payment channels that integrate with its technology? Or for any other payment-focused cryptocurrencies, for that matter? Cointelegraph Research dives deeper into this subject in its most recent report.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.