Token

533 Articles 17 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.


Tokenization Masterclass: Fungible or Not, Here I Come!

9 Apr 2023 6 minute read 5 comments Andrey Didovskiy

Before we dive into creating your own digital asset, lets cover a few fundamental concepts to shine some light on the technical shenanigan’s & structure a mental framework to help guide you in thinking about how to take advantage of this incredible...

[ENG/ITA] It's HPUD: Let's Celebrate Hive! / E' l'HPUD: Celebriamo Hive!

1 Apr 2023 4 minute read 0 comments Arc7icWolf

La versione italiana  si trova sotto quella inglese  The italian version  is under the english one    Forth HPUD of 2023! Here we are with the fourth Hive Power Up Day of this year, with the monthly appointment dedicated to our beloved blockchain!...

Royaltiz weekly news, 03/26

26 Mar 2023 1 minute read 0 comments Osiris_investment

Hello investors, we meet again for the weekly news of Royaltiz. This week, 2 sportsmen could benefit from their own token. I will introduce them to you in this article.   Zizou Bergs, a young tennis hopeful     Zizou Bergs has arrived on Royaltiz. T...

Royaltiz weekly news, 03/18

18 Mar 2023 1 minute read 0 comments Osiris_investment

Hi investors, I'm going to offer you news related to the Royaltiz investment platform every week. They will be short and will summarize the essence of what is added. I will write about the celebrities released in the week, from time to time the missi...

How to earn money by exercising? Exploring the best apps to earn money

20 Feb 2023 3 minute read 0 comments Makingdigital

Want to earn money by working out? No problem! There are many apps that allow you to earn money while staying fit. From apps that pay you for walking to those that reward you for working out, there are many ways to earn money while staying fit. Want...

What Is a Security Token? Utility Tokens vs Security Tokens

14 Feb 2023 7 minute read 5 comments StealthEX

In times when tokens have become popular alternative means of payment and exchange, data tokenization and its models started playing a crucial role in the global economy. In this article, we’ll try to do an overview of security tokens and compare the...

What Is a Utility Token? Security Tokens vs Utility Tokens

11 Feb 2023 7 minute read 9 comments StealthEX

When it comes to tokens and their categories, it’s clear that they all have their own functionality, which differs from each other. When talking about tokenization and the types of tokens, we can usually identify a certain number of token groups, inc...

How to introduce Hive blockchain to the world, and increase the onboarding numbers

6 Feb 2023 1 minute read 7 comments Heruvim78

    I am thinking about a way to educate people in crypto, as a suite of training or courses, and how you can make them more enticing, eventually leading more people to Discord and to using the Hive ecosystem. There is Moodle, there is DeWork...

New $DOGE clone has a serious problem

6 Feb 2023 1 minute read 2 comments Aldeneer

Recently some people have found that Dingo Token is a potential scam after finding out that it has function allowing the project's owner to change trading fee up to almost 99% of the transaction value! Information about the token: It is currently som...

Posting on Publish0x every day for the next 365 days - Day Sixteen, 'Moss Carbon Credit (MC02)'.

2 Feb 2023 1 minute read 0 comments LeftFooted

Day 16 on my quest to write something on Publish0x every day for a year. And today we gotta talk about Moss Carbon Credit (MC02), a token designed to represent, as the name suggests, a project that serves a sole purpose: Earth preservation. A mi...