Review on ABCC Token by David Olayide
ABCC's AT Native Cryptocurrency Token.
If you haven’t noticed yet there is a sort of trend going on the Cryptocurrency community. Trends come and go all the time and it usually starts with a particular project adopting a particular way or process of doing something and then others follow suit and before you know everyone is doing the same thing. A lot of popular cryptocurrency exchanges today, now have their own native tokens or in built cryptocurrencies. We are talking about big time exchange platforms like Huobi, HT, Binance with BNB and KuCoin with KCS among many others.
What I find more exciting is the fact that these coins, tokens or cryptocurrencies are not stagnant and in fact they are growing and placing a firm hold on the global market. Their presence is already recognized. Take KCS for example. KCS recently made news in the cryptocurrency world due to an increase in it’s price and now, the exchange has a very high volume of trades on its platform. Additionally, more and more people are purchasing, trading or holding the KCS coins and thus expanding it’s network.
In this light, ABCC is set to join the list of cryptocurrency exchanges that each have their own specific native tokens. The ABCC exchange platforms plans to release a token of it’s own for the purpose of incentivizing it’s user base which is a cool thing I think. Of course the AT token is already listed on the parent ABCC exchange platform. Now that cryptocurrency exchange tokens are a thing I can say personally from my experience that it will most likely be a sort of good investment to purchase and keep some of these tokens.
The AT token in particular is looking to tap into the potentials of the global market and with a touch of Bitcoin like inflation model it might just as well succeed in doing so. So I dare say it will make for a good and secure investment. The token can also be used on the platform for payment of fees and other activities. Of course if you need some you head over to the ABCC exchange to get some.
Pros
- AT has potential to be a profitable investment
- The token is available on its parent exchange platform
- ABCC employs a Bitcoin inflation model
Cons
- Competition with other cryptocurrency exchange tokens
