Are cryptocurrencies safe?
Cryptocurrencies are hypothetical trading instruments and come with significant volatility in terms of prices. Cryptocurrencies are volatile and are driven primarily by supply and demand, not inherent value, so they might not fit within traditional asset allocation models.
Are there any risks associated with crypto tokens?
Investing in crypto tokens does involve significant risk and might even result in the loss of your traded digital assets. So, before you start trading in cryptocurrencies, you never invest more than you can bear to lose and fully understand the market risks as well.
What is a blockchain-based game?
Blockchain-based games are virtual games that have some type of blockchain technology integrated into the game and are totally decentralized. Blockchain-based games can be played using cryptocurrencies or crypto utility tokens.
What is the value of utility tokens?
The value of crypto utility tokens is already determined by the company. This is done for reaching a specific amount and is necessary for the development of your project. However, token prices are static by nature and the value may fluctuate depending on demand as well.