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The Top Reasons Why You Should Use Tokens as Prizes

Are you thinking about running a competition at some point? Well, logically, every competition has prizes. These prices are what motivate people to actually join the competition in the first place, because it’s a bit of fun, and you have the chance to get something good.

If you’re wondering about whether or not you should be using tokens as prizes, you definitely should. Tokens are this fantastic resource that provide you with a lot of flexibility when it comes to distributing prizes to people, so you have to take a look at what’s on offer. 


Here is the cool thing about tokens. They are very flexible. A token can be for whatever you want it to be. If the token is equivalent to one of a specific, or the opportunity to buy something from the website using said token, then you get the best possible options.

However, the real strength of tokens is and how flexible they are. You can use them for literally whatever you want, and you don’t have to worry about whether or not they can be applicable to the situation. You can create tokens for pretty much any situation, which is really helpful.

Safe to Use

The thing about tokens is that they have a fixed value. If you work with something like a cash prize, or a piece of technology, some people may try and exchange it for something of equivalent value, or try and sell it to make money. If this isn’t what you want to happen, then what you will find is that using a token can really help circumvent this. There is no issue when it comes to providing people with the price, but they also can’t exchange it. If a token has a fixed value and is only valuable when used with your company or website, there are no issues with trading in or looking for a cash equivalent.

Easy to Use

The great thing about these tokens is that they are easy to use. Because Multisend works by providing you with the best possible options, you can easily send tokens to people as and when you need to.

Thankfully, it’s so easy to send tokens; you can very quickly provide people with numerous services. You can send them whatever you need whenever you need to, and there are no restrictions. This is ideal for more extensive sales and competitions.

So, in conclusion, it’s not difficult to see why using tokens for competitions is a good idea. They are a safe, easy to use form of currency that can be exchanged for goods and services on your website, and you can implement them quite quickly. The critical thing with tokens is that you take the time to make sure that you have set up the competition in the way that you want, and that you have enough tokens to provide people with the services that you want them to have.