Take note. Tokens are a dime a dozen.
Without intrinsic value underpinning a token, it becomes clear how most are aimed at gaming speculative markets + FOMO.
This $DOGE token on BSV is backed by actual $DOGE reserves... but what underpins IT?
twetch#678 5.6y
I just wrapped $DOGE on BSV. All tokens are pegged 1:1 to doge held in my vaults.
wDOGE is fast, almost free to send and instantly resendable.
Here is the proof of reserves:
https://dogechain.info/address/DJ1r2LWMBe9A8G7fCyJ53o7w9yQqh9Q33n
What the chain says
- Block
- 675 083
- Time
- 2021-02-19T07:10:40Z
- Signer
- 1JzRrrHVB74eUyJQ8Hy66Td1ujgrEeELF7
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#7355
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
1JzRrrHVB74eUyJQ8Hy66Td1ujgrEeELF7 Verified