Miners' Reward Token : A cheap and fun way to speculate on the WAVES Platform?

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·@robert-call·
0.000 HBD
Miners' Reward Token : A cheap and fun way to speculate on the WAVES Platform?
I've recently been testing and playing around with the WAVES lite client. Really great UI. Easily transfer, trade, and issue custom tokens.

Link to lite client: https://wavesplatform.com/downloads.html

I was looking for a way to speculate on the Waves platform without the risk of holding the native asset Waves, as  it's had an incredible run in the past few months and could possibly be a bit overvalued.

Looking through the built-in Decentralized Exchange I found an asset by the name of 'Miners' Reward Token'. Ticker symbol MRT.

![waves_mrt.PNG](https://steemitimages.com/DQmdhrpcepbScw2Ys9dfoSedWbWyeGtZ6ZxGhMMA7xYacgu/waves_mrt.PNG)

The MRT tokens are currently being distributed to Miners as an incentive for securing the network and validating transaction until the network grows large enough to sustain itself from transaction fees alone. Waves has a fixed supply of 100 million units.

![MRT_info-1024x536.png](https://steemitimages.com/DQmRErSUhSzx8nyfGqAGXuLUMrSgGUQHevJUprMVA7dbcLy/MRT_info-1024x536.png)

From what I gather in the future asset issuers and users can negotiate with Waves miners to accept their custom token in lieu of the native Waves token as payment for transaction fees. Also MRT will give holders the ability to vote on future changes in regard to transaction fees or other network parameters.

![assets.PNG](https://steemitimages.com/DQmNgoN9hw1SfQp9zGGN6JbEhX4YVViyBbkgjWGdQ1SAzTY/assets.PNG)

I picked up 10K MRT for around 10 cents each. With a Market Cap of $1,000,000 (Waves marketcap currently sitting at $400,000,000) and a fixed supply of 10 million units. I think MRT might be a cheap way to ride any future surge in the Waves platform.

What do you guys think of the Waves platform or MRT?



The above references an opinion and is for information purposes only.  It is not intended to be investment advice.  Seek a duly licensed professional for investment advice.




A few links explaining MRT tokens in better detail:

http://wavescommunity.com/miners-reward-token/

https://medium.com/@cassiuscrypto/token-mining-and-waves-fees-8c6d64dd9f88

https://blog.wavesplatform.com/incentivizing-pos-mining-b26f8702032c

A reddit post:

https://www.reddit.com/r/Wavesplatform/comments/6huark/what_can_i_do_with_the_waves_miner_rewards/
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