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Network Effects That Govern the BUY Token
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Network Effects That Govern the BUY Token
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Buying.com: Network Effects That Govern the BUY Token
MAHWAH, NJ / ACCESSWIRE / April 20, 2021 / According to Wikipedia,
Metcalfe s law states that the value of a telecommunications network is proportional to the square of the number of connected users of the system (n
2). This law was initially linked to the usage of phones. For instance, if there were only 1 phone user in the telecommunications sphere, it was useless as there would be no one to call. With 2 phone users, each party had at least one person to talk to. In this manner, if the number of users in the ecosystem increased, it increased the number of transactions. The same laws govern the social media markets, so much so that the valuation of companies in that space is directly correlated to the number of users in the network.
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MOUNT ARLINGTON, N.J., April 9, 2021 /PRNewswire/ The Baby Boomer generation grew up during an era of coupon cutting. The millennials have not seen coupons because they used to be distributed with your newspapers that this generation does not subscribe to. After the coupon cutting generation, products like Groupon filled the void. Temporarily. Enter the mobile-using crypto-friendly millennials and even a Groupon-type web product seems old school.
How does one reach this generation of coupon cutters?
Enter the BUY token. This generation has grown up on cryptocurrency and wallets, and what better way to distribute coupons than offering them in the form of tokens, says Jean Gabriel, CEO of Buying.com. We are finding new and innovative ways to deploy our BUY token. Payment, coupons, discounts, offers, rewards, and on and on goes the list of how the BUY token can impact retail, added Jean Gabriel, CEO of Buying.com.
Buying com s BUY Utility Token is a Game Changer
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