Tokens News

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.

Messari, a major blockchain and crypto research company, argues that there is a weak correlation between total tokens staked and price return.
Staked Token Supply Doesn’t Correlate with Price, Says Messari Analyst
Helen Partz
Tokenization might be the best way for businesses to adjust to the new reality of the global coronavirus pandemic.
How the Pressures of the Coronavirus May Open the Door for Tokenization
Victor Zhang
Binance explains that the removal of FTX leveraged token was the result of users holding tokens instead of trading them.
Binance Says Leveraged FTX Removal Comes After Confused Users Hodled Tokens
Benjamin Pirus
The central bank of France officially announced a program of experiments to test the interbank integration of central bank digital currencies.
Bank of France Launches Experiment Program on Central Bank Digital Currency
Helen Partz
Run an eligible fundraiser related to COVID-19 and you’ll pay no fees on BABB.
Crypto Donation App BABB Waives Fees For Coronavirus Fundraisers
Felipe Erazo
In partnership with Chainlink, blockchain platform Solana is building a price oracle that updates in less than half a second.
Solana and Chainlink Team Up To Build A Crazy Fast Oracle
Benjamin Pirus
Forte Labs, a known partner of Ripple’s ecosystem project Xpring, has joined new big game developers like Hi-Rez Studios and Netmarble.
Forte Taps 5 New Gaming Partners as ‘Blockchain by Itself Isn’t Enough’
Helen Partz
SkyWeaver, a collectible card game featuring Ethereum-based in-game items, has launched its final season in closed-beta.
Ethereum-Based SkyWeaver Game Launches Season 0
Samuel Haig

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