Token.com Introduces New Online Tools To Interact With Cryptocurrencies

Token.com is a crypto investment platform that recently became the first social investment app and website to introduce new online crypto tools, allowing users to interact with various token projects on the platform.

Token projects are cryptocurrencies on Token.com, introduced via token cards that can be a project’s short description, tags, token scores, or even a video. If users are compelled enough by the narrative and concept of a specific token, they can easily buy or sell it with a simple tap.

The standard way of interacting in Web2 is through Likes and Shares. According to the CEO and Co-founder of Token.com, Mel Gelderman, the equivalent of those Likes and Shares in Web3 is that if an individual likes something enough, they should be able to invest in it.

An essential aspect of the token cards, TokenScores, allows users to seamlessly discriminate between valuable projects and those that do not have a standing ground. Mel Gelderman adds that even though TokenScores can be controversial, it is sometimes challenging to differentiate viable virtual token projects from unworthy ones. Token.com will be helping users make sound investment decisions by keeping cryptocurrencies as clean and fair as possible.

Token.com’s team will assess the scores on TokenScores while reputable third-party bodies will monitor them. While crypto exchanges generally arrange their digital currencies by hierarchy decided by the market cap, Token.com will enable different projects to become the leader in the market based on user preferences.

Users at Token.com will be able to discover token projects through collections that specialize in a wide range of themes, including Carnaval, Culture, Football, or Gaming tokens. The collection will be put together to pay tribute to the Carnival in Brazil, a platform that amassed a huge user base and massive popularity in South America.

Token.com will showcase different token collections and projects based on user preferences and behaviors. Users can also leverage the Token.com app for a more customized experience. To discover the new world of token projects through Token Scores, users must swipe while purchasing and selling with a single tap.

Gelderman also mentioned that it is quite challenging for users to familiarize themselves with various token projects using the existing model, which has not changed in the last decade. Being a cryptocurrency native himself, he realizes that users do not necessarily have enough time to visit Discord, listen to podcasts, or read newspapers to evaluate a particular crypto project that might be profitable. 

For more curious individuals, introducing unique online crypto tools by Token.com will make this work feel less daunting and give token projects the voice they deserve. Every individual will have the opportunity and freedom to invest in their choice of cryptocurrencies that invest in projects that resonate with their belief system.

David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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