Review on ABCC Token by Japheth Ayuba
Exchange Based token ABCC Token
The ABCC token is the native coin for the ABCC exchange, an exchange known for its resilience in security of funds as it has never been hacked since its inception. The token which works basically like many other exchange coins, can be used to pay trading fees on the exchange thereby cutting the cost of the exchange fees by 20% which is quite something if you compare it with some other exchange tokens that basically has no usefulness even right in it's very own primary exchange. The ABCC Token also comes with an added incentives for the holders of the token, the exchange shares 50% of its daily income I'm form of trade fees gotten from the exchange and distributes to the holders of the AT in the exchange
My final words on this exchange token ABCC token is that it's a good investment but looking at its ROI over the last few years since its official launch, there is nothing to offer and that is why the token is very much undervalued. The profit sharing for the token holders is a good thing but if one checks in with the daily transaction volume of the exchange, coupled with the low trade fees (which is a good thing by the way) what the holders earn is quite small, unless if you hold a chunk of it.
Pros
- The use of the ABCC Token to pay trading fees on the native exchange cuts this fees and rebates the trader 80% back
- The token also uses an incentive sharing mechanisms for the holders of the tokens within the exchange
Cons
- There is a negative ROI for initial investors. One can't be sure of how valuable their investment will be
- ABCC Token is traded only on its native exchange. This indicates that the token is yet to achieve dominance in the market structure for exchange coins
