I come from “traditional” crypto mining where the actual crypto currency has a use for transaction.
Is NKN coin the same? It doesn’t feel like it is, I know understand that it might not have had the time for market penetration that other currencies have.
But to me it feels like NKN is not a cryptocurrency for transactions its just a reward system for cooperating on the distributed network, but if that is the case I get this feeling that I am getting done for, because what is the point getting reward “point” if those point then are not worth anything becuase no one have any reason or interest in buying other than speculation.in that sense I feel like NKN tokens are missing a lot of traction.
The idea of the network and all is fantastic don’t get me wrong but for this to sustain miners need to feel like that actually get something of value back from sustaining the network not just something no one would really want to buy from you because there is no use for it.
Is there something I am missing ?
It feels like there is a huge divide between using the network and running it if that makes sense.