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.

Interview
Alex Dreyfus, CEO of sports blockchain venture Chiliz, explains the relationship between the sports industry and crypto.
Chiliz CEO Alex Dreyfus Explains the Relationship Between Sports and Crypto
Erhan Kahraman
2020-02-06T01:00:00+00:00
2395
News
Binance Launchpad announced the results of the first token sale of the year, WazirX.
Binance Launchpad Reveals WazirX Sale Results
Ting Peng
2020-02-04T21:43:00+00:00
6256
News
ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired SEC-registered broker-dealer Heritage Financial Systems.
ConsenSys Acquires SEC-Registered Broker-Dealer to Tokenize Bonds
Helen Partz
2020-02-04T19:08:00+00:00
2828
News
Investment platform CurioInvest and Seychelles-based digital asset exchange MERJ Exchange Ltd. will jointly begin offering a token backed by collector luxury ca...
Liechtenstein-Based Startup to Issue Tokens Pegged to Value of Collectible Cars
Ana Alexandre
2020-02-03T16:17:00+00:00
2911
News
After successfully piloting its testnet in 2019, enterprise blockchain platform Insolar is launching its own mainnet on Feb. 3, 2020.
Insolar Launches Mainnet, Swaps Ethereum-Based Token for Native Coin
Helen Partz
2020-02-03T14:02:00+00:00
4317
News
Researchers writing for the Oxford University Law blog say that the distinction between utility and security tokens is less important than most assume when it c...
You Can’t Separate Utility from Security Tokens, Say EU Researchers
Marie Huillet
2020-02-03T10:54:00+00:00
2110
News
French professional soccer team Paris Saint-Germain is launching its fan token, which fans will first use to vote on an inspirational message for the captain’s ...
French Pro Soccer Team Paris Saint-Germain Launches Fan Token
Jack Martin
2020-01-29T13:59:00+00:00
3556
News
Tech giant IBM has been awarded a patent for the development of a “self-aware token” designed to record events of an offline transaction.
IBM Secures Patent for ‘Self-Aware Token’ to Record Events of Offline Transactions
Ana Alexandre
2020-01-28T18:04:00+00:00
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