Everything About Tokens - News, Opinion & Price Analysis

Token

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A token is a unit of value that represents multiple facets, such as monetary value, voting influence et al, in a blockchain network. Blockchains do not necessarily need a token to function - IBM’s Fabric and R3’s Corda are examples of two blockchains that eschew tokens. 

Although blockchain networks can function without the need for a token, these networks lose much of the benefits that come with the use of a token - user incentivization, for example. However, it is true that some enterprise level permissioned networks would gain benefit from simply deploying a distributed ledger without a token.

Several kinds of tokens exist, though they have informally been categorized as being either utility tokens or security tokens. Utility tokens are those that let a user further avail a platform’s services or products - Basic Attention Token (BAT) is a good example of a utility token. Security tokens are more like traditional investments - these tokens are those for which the user expects some kind of return after a period of time.  

Another important element of a digital token is the fact that it can be used as a virtual representation of a physical or traditional asset, such as gold, real estate and commodities. This has several benefits for the investor. 

By tokenizing a piece of land or gold into fractional, digital units, it allows investors to make a fractional investment in the asset, affordably and conveniently, as they do not have to pay a large sum or worry about maintenance and possession. This is perhaps the most discussed property of tokens.


Best undervalued cryptocurrencies and tokens in July - August 2021

30 Jul 2021 1 minute read 0 comments raftoral

Hi there! Firstly, if you are or plan to go on holidays... I hope enjoy them! Now, I want to introduce you a new article that has been published on Experty: Best undervalued cryptocurrencies and tokens in July - August 2021 If you want to know what a...

Caution❗️These 2 DeFi’s Daily Deposit Volume Sink Over 90% since May📉

28 Jul 2021 2 minute read 1 comment Dapp.com

  As a crypto investor, do monitor the product’s onchain data to alert yourself of potential risk. 2 DeFi products with sharp data drop you must be aware of.   Alpaca Finance Alpaca Finance, a leveraged yield farming protocol on Binance Smart Chain,...

〽️Top 8 Dex 30d Volume Dropped 20%+, So Did Their Tokens❓

26 Jul 2021 1 minute read 1 comment Dapp.com

  The top 8 dex’s 30d volume all dropped, ranging from 20% to 52%. What’s more, all of them have lost traders.     Ethereum   Currently ranking No.1 in all dex, the leading Ethereum dex Uniswap V3’s 30d volume decreased 20.77%. The dex trading vol...

3 New Dapps That Fetch You Rewards from Meme Coins 🐶 and NFTs 🖼️

23 Jul 2021 3 minute read 2 comments Dapp.com

    Shibaswap - Meme Coin & Dex   Shibaswap is a decentralized exchange eco built on the Ethereum blockchain with a meme token $SHIB and 2 different tokens $LEASH and $BONE. DIG You can DIG rewards as liquidity providers. Earn $BONE returns on...

Tokenized Securities

20 Jul 2021 5 minute read 0 comments konjo

Tokenized Securities         Is it possible to buy and sell a work of art without moving it? Can we own pieces of property and collectibles that cannot be divided, and which lie in distant parts of the world?      Tokenized securities are digital r...

Brave Browser Publishes an Update to the 2.0 Roadmap.... Is it Time to Start Getting Excited?!

8 Jul 2021 2 minute read 6 comments Cje95

Today Brave published an update to their roadmap 2.0 and honestly it might be time to start getting excited about what the development team has to offer! Now I wouldn't blame you if you have read what I have said so far and thought really this team h...

😎 Monitoring the Growth of Adaptive DeFi Money System - Dapp.com Supports Analytics for nDAU🎉

6 Jul 2021 2 minute read 0 comments Dapp.com

  We are thrilled to announce that Dapp.com has officially added nDAU, the world’s first adaptive Digital Currency powered by Cosmos’ Tendermint Core. Analytics for the nDAU blockchain is live and accessible via nDAU’s Profile. Further collaboration...

How to Identify Cryptocurrency and ICO Scams

3 Jul 2021 3 minute read 4 comments Justino

  Just any human or vacuum cleaner (just kidding) can up and create their own crypto token because they have the cross-disciplinary knowledge, skills and necessary tools to curate the tokens. Many companies like the popular electric car company, Tesl...

Security, Equity, Utility, Non-Fungible. They are all tokens, but what are they used for?

3 Jul 2021 3 minute read 10 comments MikeZillo

As per the title, there are various types of Tokens, each of which performs a certain function. Before explaining what each category of token is used for, it's good to explain what is meant by Token. The Token The Token differs from cryptocurrency ma...

Last news from the Student Coin (STC) project !

24 Jun 2021 2 minute read 0 comments The Unknown

As you know from my previous articles on the student coin, I am a big fan of this project and would like to tell you where we are in the progress of this project. The ICO of three months ago having raised more than 70mio dollars, we can be happy that...