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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.

Zero to Apein! - Community Reward Pool Token(s) (NFTs) for My Followers, Any, and All

31 Dec 2022 1 minute read 0 comments veegee

FOR EVERY RACE AND CREED SERVICE REGARDLESS OF ABILITY TO PAY Discovering and exploring many ideas and finding an image of the above coin.  Pondering a creation of a token to set as an example, an experiment, and also a proof of concept.  Of whateve...

How to earn money through Solana discord whitelist

29 Dec 2022 2 minute read 1 comment lilneon

Solana is a decentralized blockchain platform that was designed to be fast, scalable, and secure. It has gained popularity in recent years as a platform for decentralized applications (dApps) and for hosting tokens, including non-fungible tokens (NFT...

How to Tokenize an Asset: Exclusive Guide

27 Dec 2022 4 minute read 0 comments

With the announcement of Donald Trump’s new NFT collection, many people are wondering how they too can make their own NFTs to sell. Creating an NFT is a process in the blockchain world called asset tokenization. Asset tokenization is process in whic...

Virtualgrowth Coin Token Index

25 Dec 2022 1 minute read 0 comments veegee

Virtualgrowth as a coin token index of sorts from Math, and what has learned over many years in crypto and beyond. bitcoin and satoshis... ...That's part what we want and want to stand on.  Bitcoin was first and SAtoshi as the first and satoshi as t...

How To Set Up A Validator For SORA On OnFinality

19 Dec 2022 4 minute read 0 comments OnFinality

OnFinality is a blockchain infrastructure platform that saves web3 builders time and makes their lives easier. We deliver easy-to-use, reliable and scalable API endpoints for the biggest blockchain networks and empower developers to automatically tes...

Centurion Invest Partners with MetaStudio & takes a leap into Web3 and a $100 Billion content creator economy

5 Dec 2022 3 minute read 0 comments coincruncher

Centurion Invest, a payment infrastructure and facilitator company with its own native token, announced its partnership with MetaStudio, a global DAO metaverse helping content creators maximize their skill by rewarding them with ownership and incenti...

E&S: USDC, A stablecoin brought to you by Circle and Coinbase

4 Dec 2022 2 minute read 6 comments MikeZillo

Hi Publish0x community! Welcome back in this new article of my “Easy & Short Cryptocurrencies Made Accessible” area. In this article we talk about more features of USDC! In the last E&S article I introduced you USD Coin (USDC) and I said that is a st...

The Future of Tokenization: NFTs And More

29 Nov 2022 1 minute read 0 comments idiosyncratic

The bear market may make us forget the fact that tokenization has been non-stop happening regardless of the market conditions. From e-commerce to social media, people are trying to make their digital presence as useful and accessible as possible. Mea...

All About Security Token Offering: New Market Offers, Crypto Investments and Private Sector Support

19 Nov 2022 4 minute read 0 comments SimpleSwap

In the middle of 2022 a “collapse of the cryptocurrency market” happened, which led to the development of new business models. Needless to say, the global financial crisis has caused the fall of all types of assets, not just crypto, and a huge increa...

Two-thirds of Crypto Currency

13 Nov 2022 3 minute read 0 comments Alther

In conventional currency, it is customary to know the terms of two sides of a coin. Where from the physical form it does have a different formation on each side. Whether it's in the form of coins or paper, conventional currency or known as fiat curre...