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.


Distribution from the new exchange of the token 10000 BTCX We are in a hurry to get it. Simple registration, no KYC.

27 Feb 2022 1 minute read 2 comments Cryptospacepro

Airdrop programs are quite a good way to earn some free coins or tokens in the crypto world. As such, the BTC6X exchange has seen to it that its users can benefit from an airdrop program and earn free tokens. Such that for each new user that registe...

Free 50$ in METAMUSK Token

10 Dec 2021 1 minute read 2 comments Adrian Kabat

Hello boys ! If you are interested in free tokens that can be fully received for free and cash them in, I have a METAMUSK token drop for you, payable to the TRUSTWALLET. To receive the MetaMusk airdrop, we need to follow these steps. For this we need...

Binance main sponsor of SS Lazio

13 Oct 2021 1 minute read 0 comments BB7fan

After FC Inter, AC Milan, AS Roma, Juventus FC, Novara also SS Lazio will have a fan token. Binance signed contract of 2 years with option for third  for 30.000k € and wil be main sponsor on shirt. The debut of new sponsor will be already in the matc...

Gods Unchained Announced to Issue Token, Potential Airdrop? 😎 Worth Investing In?

28 Jun 2021 1 minute read 5 comments Dapp.com

  On 24th Jun, Ethereum digital card game, Gods Unchained announced its token $GODS - “The token is to scale an epic game economy.” According to the official announcement, the $GODS token is the native ERC-20 token of the Gods Unchained universe. T...

Gem Alert: SPACE Token

1 Jun 2021 4 minute read 2 comments TokEnthusiast

  For my first ever post, I'd like to start things out with some positive news and share to everyone a token I consider to have great potential Now here's a token that I've had to look into for a bit due to its sudden rise despite having a humble ai...

Crypto tokens football cards.

18 Mar 2021 1 minute read 0 comments Robertino

Those football cards are very popular and also expensive.

My opinion about ecency - The mobile dApp

2 Jan 2021 7 minute read 0 comments Ykretz

Hello everyone !  As I said in the title, this post will mostly be my opinion about ecency. I believe that I share some ideas with the others but some of you might still wonder if they should use the app or not. My post is for you, to make you opinio...

Coinbase Earn - new token to earn USD 3 - The GRT Graph token.

18 Dec 2020 1 minute read 0 comments Kamend1

Just a quick note. There is a new token to earn on Coinbase Earn. It is The Graph token - https://www.coinbase.com/earn/the-graph N.B. - the above is not a referral link. It is just information for you! Happy earning! I have no clear idea what this...

What is KICK Ecosystem??

13 Dec 2020 2 minute read 0 comments almontubo

A few days ago I was randomly scanning my ethereum address on etherscan and I saw that I was holding an unknown token, called KICK. To be precise 888888 KICK TOKEN, as shown in the image below:     So first of all, I started to search some informati...

Overview "Yoda X" - cryptocurrency with a strong referral system.

6 May 2020 1 minute read 0 comments liorezal

This article will talk about the Yoda X project, which is a collective mining on the "Proof-of-stake" algorithm. The "Yoda X" cryptographic currency has a token with the symbol YOD. The developers plan to use the coin not only as a means of payment,...