This time around, for however long it lasts, Bitcon’s run and the altcoin season are going to be very different.
A token is a unit of value that is released by an organization and based on a blockchain, acting as an alternative for tasks when a cryptocurrency is unable to be used. Tokens exist digitally as a distributed record in the register of a blockchain. To understand tokens better, it is important to realize that they are to attract investors in an initial coin offering or ICO. While new Bitcoins are made through mining, new tokens are made by an individual or entity that already has Bitcoins or other kinds of digital money. Everyone can invest in a start-up with a guarantee of getting a share of the income from transactions. So here, tokens work as stock but does not give its owner managing rights in the company. Inside an application, tokens function as an internal currency for buying products and services and they facilitate the investment of fiat money into the cryptocurrency-related projects. Here they perform as debentures with a guarantee of profit in a fixed period of time.
Focusing on title tokens, a theory of smart laws, digital authorities and how to protect the system from digital dictatorship.3040
A crypto consortium including Bittrex Global, Ledger, CertiK, and Uphold, has launched a gold token backed by the world’s largest refiner of newly minted gold.8001
Despite early hype, real estate tokenization has failed to garner significant momentum, leading some to question its future viability.3905
Sports token-focused platform Socios prepares to issue a payments and loyalty card with a new license from Estonian Financial Intelligence Unit.4127
Digital assets issued on Ethereum appear to comprise the strongest asset class of 2020 with an average year-to-date gain of 130%.8710
Polyient Games is launching a decentralized exchange for NFTs hosted on the Avalanche blockchain.3904
The Netherlands’ financial regulator has approved the blockchain-powered real estate crowdfunding platform Max Crowfund.11452
A South Korean county with a population of mostly elderly residents has seen a strong rise in stablecoin adoption.3294
As the official Telegram Open Network is being prepared to shut down on Aug. 1, global TON technology projects continue progressing.4413
Industry observers say unchecked yield chasing may have negative consequences on the fledgling DeFi market.11843
Pavillion Hub brings blockchain technology to the Steam gaming platform, and 22nd Century Racing Series is a worthy showcase of the possibilities this enables.4054
In a global economy becoming more and more digitized, blockchain-based tokenization could become a powerful and even perfect tool.4159
Discussing the reasons for why we need a blockchain estate registry and the constraints of the technology.5946
Polyient Games’ Craig Russo believes that the NFT market has come to represent one of the “most attractive opportunities” across digital assets.16057