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.


Zcore Social- Earn tokens by using a decentralized Social network EASY

7 hours ago 1 minute read 1 comment Shadow Crypto

Zcore Social- Earn tokens by using a decentralized Social network EASY https://invite.zcore.social/3633   Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex: https://lbry.tv/$/invite/@shadowcrypto:2   ZCR TOKENS ARE AVAILABLE TO TRADE:...

Hackers steal $ 1,200 in ETH using GitHub bots

28 May 2020 1 minute read 0 comments Shadow Crypto

Hackers managed to steal $ 1,200 in Ethereum (ETH) from a Reddit user after he accidentally left his wallet's recovery phrase in a GitHub repository for less than two minutes. According to the Reddit user's post, hackers created automatic bots to ste...

Physical Gold Sales Volume in 2020 - gdigit.io

23 May 2020 1 minute read 0 comments Shadow Crypto

Physical Gold Sales Volume in Q1 2020 http://gdigit.io/ Interestingly, while the demand for gold is rising at a record speed in some countries, in others it's falling. supported this, we bet you will not guess who was the most outsider during the pri...

Introducing Toadstool

21 May 2020 1 minute read 0 comments Toadstool

Toadstool - Empowering creators and the blockchain   Toadstool is a token built on the Ethereum network.  One of the things that makes it unique compared to other tokens is that it has a staking mechanism.   This mechanism's is named Gauntlet and Toa...

Antisocial Ambassador

12 May 2020 1 minute read 2 comments 33Nanoseconds

Over the mountains and over the seas Oxygen can be pure, but can also carry a disease Open your heart, to receive unconditional love Open your wallet, to receive a token Open your mind, to receive knowledge Open your life, to receive wisdom Open your...

What is a decentralized autonomous organization (DAO)?

3 May 2020 1 minute read 3 comments Jumble

A decentralized autonomous organization (DAO) is an organization that operates by rules encoded in smart contracts and put on the blockchain. A DAO is decentralized because it is an online community. A DAO is an autonomous organization because: the...

Do I make an App or dApp?

26 Apr 2020 2 minute read 2 comments Jumble

Have an idea for a new application? Great! But should it be an App or a dApp? What is a dApp? A dApp is an app for the blockchain. The “d” is an abbreviation for decentralized. What does the blockchain have that makes it special? A blockchain is a da...

BitTorrent (BTT) Review 2020

22 Apr 2020 5 minute read 0 comments ChangeNOW

Since launching in 2019, BTT has been able to possess the crypto market for a while, and the hype behind the project led to the entire initial coin offering (ICO) selling out within only 15 minutes and raising about $7.2 million in this process. BitT...

How companies can use Brand Tokens to increase profit

17 Apr 2020 6 minute read 0 comments Brand Tokens

Use Case for brand tokens for a language school franchise. We recently got an interesting inquiry from an owner of a language school franchise based in the UK. The question was quite obvious: ‘How can my school benefit from joining Brand Tokens? Is i...

VeraOne VRO - A stablecoin backed by real physical gold

16 Apr 2020 1 minute read 0 comments piliz

Whether you're stressed about the current state of the global economy, you've been thinking about investing in gold, you love stablecoins or you're just interested in learning about a new token, VeraOne is for you!   1. The company   In 2009, French...