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.


CoinDeal still give free Token

31 Oct 2019 1 minute read 2 comments Sebuska29190

The CoinDeal exchange confirms that its tokens have already been received by over 80,000 users, which means that each participant can additionally receive up to 500 CDL tokens. The closer the market launch, which is scheduled for November 12 this yea...

Ether Clown Airdrop Delta (15,000 KLOWN Up for Taking)

18 Sep 2019 1 minute read 0 comments LiteLiger

It’s been problematic two weeks due to Ethereum network being congested with lot of transactions from Tether, making fees go above 20 cents at times for simple transaction, this has slowed significantly the rate of claims for Ether Clown Gas drop an...

Join The hot bounty Program Of Dragon Token.

28 Aug 2019 1 minute read 1 comment Shariful islam

Hello, What Is Dragon Token?Dragon token is own decentralized exchange platform token.The DragonToken is a ERC20 Token utility token that is used for exchange fees on the Dragon Exchange. As an ERC20 token, Dragon Token can be traded on Dragon Excha...

What Are CoinPot Tokens And How To Use Them

21 Jul 2019 4 minute read 1 comment CryptoShanty

The most immediate, cost-free and risk-free approach for earning bitcoins online, is by effectively using a Bitcoin faucet or faucets that offer other altcoins. The biggest advantage when using CoinPot partner faucets is that the cryptos you collect...

LATOKEN Airdrop - Invitation Link

22 May 2019 1 minute read 6 comments The Very Confused Martin Babalor

LAToken is a blockchain exchange for tokenizing and trading real assets using cryptocurrencies.  LAToken is rapidly growing  with a daily turnover of $300 million, more than 300,000 users, and over 320 crypto available for trading. It was recently ra...

CoinLive AirDrop Token CLX - Get a lot of Money.

26 Feb 2024 1 minute read 0 comments Adrian Kabat

Hi guys ! I come to you with an interesting AirDrop which is CLX from the CoinLive mobile application. The application itself is not complicated to use, and you can gain a lot by collecting the CLX token, which will soon be available on stock exchang...

Shiking airdrop - Get 100000 SHIK token

21 Jul 2021 1 minute read 0 comments Arkemmus

      Shiking is launching an airdrop that distributes 100,000 SHIK to each participant.SHIK is already listed on UniSwap. SHIK stands for "Shiba King". SHIK is an Ethereum-based MEME token. Inspired by Shiba Inu and Doge, SHIK is built on the Ether...

JUST NOW EARN FREE NEW COIN IN AIRDROP! 💰💰💰

27 May 2020 1 minute read 0 comments chris04

By accessing my Atomic Wallet on May 20, I found a new cryptocurrency: JUST (JST)! BUT WHAT IS JST? JUST aims to build a fair, decentralized financial system that provides stablecoin lending and governance mechanisms for users around the world. JUST...

Cocoricos - The Easiest Way to Buy ICO Tokens in $ USD + Sweat Tool to Grab All Airdrops Faster

2 Jul 2019 1 minute read 0 comments cryptosers

1. Register here https://cocoricos.io 2. Go to https://cocoricos.io/airdrops   3. Choose an airdrop or airdrops that you like   4. Complete ALL the social tasks of any Airdrop to get free tokens on the account you created using the respective Airdr...

Airdrop!!! Earn FREE $20 in ENA

15 Mar 2021 1 minute read 0 comments Criptoman

  WHAT IS EARNATHON ? Earnathon is a platform specifically designed to teach people about blockchain and cryptocurrencies, allowing them to earn as they learn. LEARN EVOLUTION OF MONEY AND EARN ENA Learn how it works and you’ll earn up to $20 in ENA....