Sirwin
Sirwin

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.


$PHTR Token and Tokenomics

21 Aug 2021 1 minute read 0 comments Phuture

Hello! I’m Dmitry, a $PHTR token holder and early community member. I’m writing this piece for educational purposes. This article will focus on the Phuture $PHTR token and its tokenomics. The $PHTR token plays an important role in the Phuture ecosyst...

😱 This DeFi 30d Unique Traders Rallied 631.91%, Ripen Its Token +242%

16 Aug 2021 1 minute read 0 comments Dapp.com

  ApeSwap, one of the leading Binance Smart Chain decentralized exchanges, has witnessed a dramatic increase in unique trader amounts since mid of July. 30d Dashboard: Unique trader amount +631.91%, trade counts +243.73%. Since July, the ApeSwap te...

Convenient Cryptocurrency Payments with the Flexa Network and the AMP Token

14 Aug 2021 2 minute read 2 comments 2sats

*obligatory not financial advice* What is Flexa? Cryptocurrencies have many advantages over fiat money, they don't depend on any one entity that has control over them for example, but they do have disadvantages. For example, a transaction can need se...

DRAGONARY

8 Aug 2021 1 minute read 5 comments LodiEzDa

DRAGONARY   Hi everybody!   How about summer? Where I live is not doing very good weather. It seems more autumn than summer, but as everything must get the good side, I am taking advantage and putting hours (many hours) to the PC and everything relat...

Brand New Launch ( Panda Inu ) 10,000x Earning Potential To get placed in early in private sale.

7 Aug 2021 1 minute read 0 comments Cryptospacepro

  PandaInu Private Sale is LiveIncredible first Day. 1) The Private Sale is split into 3 parts and we are in the 1st part where the price is at $0.00005 Per Coin. 2) The Price is GUARANTEED to DOUBLE once Private Sale Round 1 is finished. The scary...

CHAPTER 4: DOGGGO MARKETPLACE

6 Aug 2021 1 minute read 0 comments DogggoToken

Somewhere, 26/05/2021 DOGGGO’s community is growing and some members are spending time to create DOGGGO’s gadgets. DOGGGO is very happy to see that and he had an amazing idea. What about give at the community the possibility to sell them gadgets t...

Dogggo’s economy: new token features

5 Aug 2021 1 minute read 0 comments DogggoToken

Token rules Support price and liquidity.Redistribute tokens to the Community.Fund marketing and development.Ensure accessibility to big exchanges.Promote charity. DOGGGO Token The Dogggo Token old ticker “DGGG” has been replaced with “DOGGGO”. DOGGG...

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...