Since Satoshi Nakamoto released the Bitcoin paper in 2008, we have come a long way in our collective understanding of how tokens impact our economy. While the first decade of the crypto token industry was dedicated to exploring, developing, and to some extent exploiting (through pump and dump schemes and scam ICOs in 2017) this novel economic tool, the past years have been … [Read more...] about Moving to a Tokenized Economy: Challenges and Opportunities
Blockchain technology is disrupting the business world with cryptocurrencies and tokens becoming popular across the industries. Recently, the crypto world observed an upsurge in token development services with a huge volume of people trading crypto tokens. Scroll down to explore more about Token Development Services: What is a Token? A token is defined as a digital asset that … [Read more...] about Token Development- Everything You Might be Curious to Know!
Tokenization of commercial real estate can bring necessary change to the industry. Find out why everyone sees the future in the tokenization of commercial real estate. Tokenization is the method of creating a virtual token meant to represent ownership of an asset. NFTs or non-fungible tokens are the best examples of the tokenization process. The popularity of NFTs made many … [Read more...] about Why Is Tokenization Of Commercial Real Estate Popular?
Non Fungible Tokens (NFT) are a special type of crypto token backed by an asset. They are non-interchanged with each other and are non-divisible. It can be used in gaming and crypto collectibles. The popular non-fungible token standards are ERC721, ERC1155, ERC20, and TRC721. NFT's are mostly stored in suitable digital wallets such as MyEtherWallet and Ledger Hardware wallets. … [Read more...] about Non Fungible Tokens (NFT) May Become the Trendsetter in the Industry
Before September 2020, Polkadot was virtually unknown to the ordinary investors. By November 2020, it had a market cap of $5 billion. It has become the biggest conversation in blockchain technology. There are several good reasons for the massive interest in this blockchain. Top of these reasons is that it holds great promise in the push towards decentralised apps, including … [Read more...] about Why Polkadot Will be a Catalyst for Decentralised Apps