Review on Tokens of Babel by Stephen Toluwani
Completely unrealistic usefulness of a project
My first marvel at this project was it's entirety. while checking the information to know about this project in terms of its supply, its market value, where it is exchange-listed, the trading volume and what it actually offers, I was kind of bemused and shocked at the same time. What I have discovered during my time in the crypto industry is that many of these projects have been loosely based on religion tend to fall out quickly without giving anything notable. Tower of Babel token has also done so.
The project premieres itself as a gaming platform with some kind of uselessly based admonition of burning supply, total supplies to be precise whenever whenever an all-time high price is reached. I think the thing involved with the burning of the token might be the only reason why many people have plunged thier reources into buying this token because I don't even see how realistic or useful it can be in any way.
The project appears to still be very active in terms of trading and its website is still up but I do not guarantee it as an investment or even recommend it to anyone.
Pros
- Frequent burning of the token tends to increase value
- Project appears to still be well active and being traded though with a low volume
Cons
- Appears more to be of a joke than anything reliable
- There is nothing interesting to what this project actually offers
