What is TulipToken?
So here’s the story,
The 17th century in the Netherlands was the Dutch Golden Age. Dutch traders and merchants displayed their wealth by living in houses surrounded with flower gardens. One was in particular high demand, the tulip.
Tulips were brought in from far away, and took years to grow. Because supply was scarce, it drove up demand. Then something called the tulip breaking virus made it possible for tulips to be multi colored; that made tulips even more of a must have. Prices started to rise and “tulip mania” was born
At a certain point a single tulips bulb sold for more then 10x the salary of a skilled craftsman.
When people realized that there was nothing particularly special about tulips, they stopped buying them and the price crashed.
People who compare digital tokens to tulips are essentially saying digital tokens are a bubble backed by nothing but pure hype and speculation.
What they fail to understand is that tulips come from dirt, not a Blockchain.
And as we all know, Blockchain is possibly the best technological innovation since the Internet. It will have a tremendous impact on global business and society in general.
Thus digital token’s are here to stay
So grab a Tulip, their here for the long run.