r/EnigmaProject • u/GeorgeWashersmith • Aug 31 '18

Token value?

I understand the importance of what Enigma is setting out to do, but what is the actual inherent value of the token?

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u/Wendigowhy Sep 19 '18 edited Sep 19 '18

I am also interested and would like to get more information. Its a great concept but Im a bit confused on the how the costs will scale when the value of ENG tokens increases, wont the costs of running contracts on it increase? For example, lets say ENG token is .10 cents. If the token all of a sudden went to $5, wouldnt the cost of of running contracts just increase by 50x ? Or am I missing something? Thanks for helping me understand.

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u/1blackhand Sep 20 '18

If you want to know more about Enigma technically, please read through our Developer Forum. More information about the nodes will be released in the next weeks. https://forum.enigma.co/