I'm curious about the value behind governance tokens. Why are they considered valuable in the crypto space? What makes them different from other types of tokens?
6 answers
Tommaso
Mon Nov 04 2024
This scarcity principle is widely recognized in the cryptocurrency world.
EthereumEagle
Mon Nov 04 2024
A limited supply ensures that governance tokens are in high demand.
Lorenzo
Mon Nov 04 2024
Governance tokens derive their value from various factors.
Elena
Mon Nov 04 2024
Existing users of a blockchain project often seek to increase their holdings of governance tokens.
Sara
Mon Nov 04 2024
One key aspect is their limited supply.