Everything About Tokens - News, Opinion & Price Analysis

Token

210 Articles 10 Followers

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.


Statera Project. Crypto for human beings

4 Aug 2020 12 minute read 36 comments Alexandru-Balan

"That sounds rather familiar...is it... Apple?" No, actually it's Ubuntu Linux which used to be "Linux for human beings" before they tried to cram their solutions down everyone's computers. But, I get it. Big project, big money, big responsibilities...

Crypto.com Coin (CRO) reaches top 10 displacing BNB

24 Jul 2020 1 minute read 0 comments CryptoTrips

The week continues quite interesting in the crypto ecosystem. Today the CRO coin managed to outperform BNB, the Binance token, how did this happen? Crypto.com Coin (CRO), is named after the new tenth largest cryptocurrency on the market, thus managin...

Elrond hits the jump after being accepted as payment in almost 5 million online stores.

22 Jul 2020 1 minute read 0 comments CryptoTrips

One of the cases that is especially striking today is the Elrond token, a digital asset belonging to the Blockchain network of the same name, whose project offers operational features that address the problems of scalability and data processing prese...

New rewarding token by decrypt.co. No investment needed, earn passively as you read!

17 Jul 2020 1 minute read 0 comments katerinaramm

*How can you say no to a free and rewarding token, earned passively as you do something you do anyways? Imagine if you read crypto news and for that you get rewarded with a token you can exchange for goods!* I was checking  my twitter and was reading...

More tokens, more problems?

16 Jul 2020 1 minute read 3 comments Jandmade

Sometimes I have the question of whether to accumulate a few or a single cryptocurrency or accumulate of all types that I can. On the one hand, quantity versus quality is a decision that can balance the balance, but with the volatility of many crypto...

From the ashes the strong are reborn ... EOS and its return

13 Jul 2020 1 minute read 4 comments alquimista1501

For me one of the most intriguing alcoins by definition is EOS. This token basically responds to processing of millions of transactions per second through a horizontal and vertical scale; But this asset, called at the time the "etherium killer" has g...

Should you limit the number of cryptocurrencies?

11 Jul 2020 1 minute read 6 comments Jandmade

Currently there are more than 2,500 different cryptocurrencies and in operation, and even the number is much higher if we add all those coins that disappeared along the way since Bitcoin was created.   This high number of different crypto can, in a w...

BrandTokens: Tokenize your brand, Reward your customers

29 Jun 2020 4 minute read 0 comments adriaparcerisas

    Introduction Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need...

5 Unique Tokens You Should Pay Attention For

26 Jun 2020 4 minute read 1 comment Edward Moon

The crypto world encompasses a myriad of tokens designed to introduce elements of blockchain and crypto technologies to legacy systems. As such, the purposes of a majority of these tokens is to eliminate third-parties, override cumbersome processes,...

FC Barcelona managed to sell $ 777,000 in tokens in just 2 minutes and a total of $ 1.3 M in 120 minutes

22 Jun 2020 2 minute read 0 comments Crypto adict (Manu VZ)

FC Barcelona, ​​commonly regarded as one of the largest soccer clubs in the world, today has released a fan token as it uses blockchain technology.   The $ BAR token of the Spanish champions is issued in collaboration with their partner Chiliz, who h...