We followed for a few days the main Steemit Tokens related to Music, not all, but some. Some are also related to art in general, elsewhere.
Our observation is a little disappointing, in fact:
Volume in 24h, near 0.
Value, near 0.
An exception with the ATOM Token from @AtomCollector (Atom Collector Records), which offers real possibilities of use: music streaming, upvotes, NFTs indie music related Cards, even goods, etc. Real goods! A good start!
A virtual currency only really has value if you can use it.
When friends send beer, coffee, gif, and whatever, just for fun here on Steemit, the Token already has a use. Fun Tokens? But it works, the concept works!
We would like to see many more useful Tokens!
Do you have any recommendations on this subject? Which Tokens seem useful to you?
Be careful, don't get me wrong, I'm not blaming anyone. Everyone is free to launch a token, if only to try out the concept. Experimenting.
All the best, Woodoo Prod.