Blockstream has launched an initiative intended to connect developers building on its Liquid sidechain with Bitcoin-focused investors and entrepreneurs.
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.
Despite beginning its mainnet rollout today, the price of Matic has fallen 20% in 48 hours — shedding nearly all gains made during the week leading into the launch.7195
Kingdom Trust, a regulated custodian managing over $13 billion in assets, wants to tokenize the more than 20,000 assets that it currently custodies.8597
Emerging technologies such as blockchain can aid both medical practitioners and patients, who stand to gain the best from its implementation.5408
A new DeFi and enterprise blockchain app protocol, AVA Labs, will distribute 2 million tokens in a final testnet before mainnet launch in summer.5892
The United States Securities and Exchange Commission ordered crypto firm BitClave to return $25.5 million to investors.8656
The Fortnite community on Reddit conducts five times as many token transfers as r/CryptoCurrency in the new community points system.4236
Digital advertising platform tribeOS launched its shares as tokenized securities on GSX Group’s GRID platform.2551
Dapper Labs — the creator of CryptoKitties — has launched its token-powered basketball game NBA TopShot in beta.6715
Digital music store eMusic launched its eMU token to help musicians earn more royalties.5088
It’s designed to capture attention from high-profile people that others want to hear from.3288
A new platform helps blockchain content providers develop and launch new services — potentially transforming industries, such as gaming.3723
A novel cryptocurrency project called PornVisory plans to reward its users with blockchain tokens for watching porn on its platform.10015
Predicting the increasing tokenization of real-world assets, Tokyo-based startup Yiedl plans to launch the first P2P marketplace for NFT mortgages and rentals.7252
Bittrex to carefully review the facts of a 24M STEEM transaction from an unknown Steem account, co-founder Richie Lai says.6457