CryptoCurrency : Trans-Fee Mining: A Clever Way To ICO or ponzi-like scheme ?
Great conversation by ex-Wall Street analysts. Link: [https://blog.coinfi.com/trans-fee-mining-ponzi-scheme-or-a-clever-way-to-ico/](https://blog.coinfi.com/trans-fee-mining-ponzi-scheme-or-a-clever-way-to-ico/)
In the case of FCoin exchange, traders are actually paying the transaction fees with BTC, ETH, etc and the fees are 100% refunded in FT token. So it’s just like an ICO where traders are actually buying FT tokens.
Sustainability of volume is a big issue and the price of tokens is a huge risk for token holders. Regulation could also be a huge risk.
How long can this model last ?
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Author: SilverLiningsCrypto
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