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.


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...

Still reaching more goals over time !

23 Jun 2021 3 minute read 0 comments Ykretz

A long time ago now I've made a post about my Hive-Engine token goals ! I've already made at least one or two updates and I'm still reaching some of the goals. I still have more than 5 months and already completed more than half of the goals ! I'll...

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23 Jun 2021 1 minute read 0 comments Dapp.com

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22 Jun 2021 1 minute read 5 comments Dapp.com

  Prices for Polygon’s MATIC token have rallied significantly so far, going up 267.51% in 90 days.   Check $MATIC token dashboard of holders, active address, transfer volume data. It all reveals this trend. One of the most important signals you mus...

😎 4 Tokens to Watch with Significant Changes in Active Address & Transfer Volume

16 Jun 2021 2 minute read 0 comments Dapp.com

  With insight comes opportunity. According to the onchain data tracking by dapp.com, 4 top tokens Curve $CRV, Chainlink $LINK, Uniswap $UNI and Chiliz $CHZ experienced significant changes in their Active Address and Transfer Volume in the past 7d,...

What is Dogggo?

13 Jun 2021 1 minute read 0 comments DogggoToken

Dogggo is a token on bsc that wants to be part of the memecoins landscape, taking the concept to extremes. Dogggo is born from the anger caused by the lack of recognition of coins with many years of development compared with others without fundamenta...

PathFund - pre-audited cryptocurrency token launchpad.

11 Jun 2021 1 minute read 0 comments Okane Satoshi

Welcome to PathFund, pre-audited cryptocurrency token launchpad. A decentralized consulting platform for ICO participants, experts and investors. A DeFi CURRENCY ON BSC PLATFORM WITH A TOTAL TAX OF 9%, SUSTAINING THE PROJECT AND REWARDING HOLDERS 3%...

A Whitepaper analisis of Papillon, the coin with a mission.

10 Jun 2021 2 minute read 0 comments Bruno Invernizzi

Investing in crypto is really hard, am I right? Most Cryptocurrencies are just a memeable name with a generic logo made in paint, but they have nothing special in them aside from that, making them very unstable and susceptible to changes in the marke...

Check out Papillon, the multi-function token of the future!

7 Jun 2021 1 minute read 0 comments Bruno Invernizzi

Nowadays it's hard to find cryptocurrencies with a purpose, right? Like everyone wants to just make a cheap token, make some money off pumps and dumps, and then abandon the project 2 months after its release, leaving all holders with a 100% loss beca...

Masterbrews 2.0 NFT Platform Presale Event - Ending Soon! Dev's Promise High Return!

30 May 2021 2 minute read 0 comments Wealthy Pirate

Hey folks!Recently my attention got caught by Masterbrews and I've been eyeing on it for some days now. Since today seems to be the last day for the presales according to the platform, I thought I might share the Info with you since the developers cl...