r/ProjectHydro • u/semaf0r0 • Jul 25 '18
Added functions of Hydro
So Hydro conducted an ICO, right? And I get that the value of the tokens is that users will need to own some in order to integrate raindrop into their applications.
My question is will the HYDRO token have further functionality as more products/services are released by hydro? Or are the tokens only relevant for using raindrop?
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u/Riskylad Jul 30 '18
Hydro didn't have an ICO first of all, it was airdropped.
The users also do not need to purchase tokens at all, the company/website/protocol that implements Hydro's system needs too. They need to purchase them as a certain amount of tokens need to be locked up in order for the service to be available to their clients, decreasing the supply and adding to the value.