Sentences with phrase «creating tokens»

Creating tokens is made possible through the use of smart contracts — programmable computer codes that are self - executing and do not need any third - parties for operating.

Creating tokens is much easier than creating a new coin since you use a standard template that has already been created, which means that you do not have to modify the codes from a particular protocol or create a blockchain from scratch.

The use case consists of creating tokens for trading purposes.

Meanwhile, a new report by an anonymous author working for the cryptocurrency research community 1000xGroup argued Tether is creating tokens in response to market demand for bitcoin.

This means that instead of creating tokens like CryptoKitties on Ethereum, developers can easily fork the blockchain to produce a new coin; just like how Bitcoin Cash forked away from Bitcoin.

«Companies are creating tokens that they may not even need for their product, as a fundraising mechanism.

Of course being run on the Ethereum blockchain also has some downsides — mainly that users have to pay a transaction fee anytime they interact with the network, meaning that both creating tokens and airdropping them to friends cost real Ether.

The technology involves basically locking tokens on one network and creating tokens on the other.

Creating tokens using the traditional method requires a specific set of advanced programming skills that most people simply do not possess.

It's the technology underpinning popular cryptocurrencies like bitcoin and ether, and companies that use blockchains to build their core products can also use them to create tokens as a form of equity.

Anyone can create a token and run a crowdsale, but ICOs have become increasingly murky as creators take investors» money and run.

Because tokens can represent any asset, from a concert ticket or voting right to funding via a crowdsale or a physical currency, you can even create a token with no real value or serious purpose other than to exchange among friends.

You can also create a token — what is essentially a smart contract — with or without a public ICO.

This platform provides users a functioning decentralized exchange, as well as the ability to create Tokens (virtual assets), issue dividends, and create price feeds, bets and even smart contracts.

But since more than 95 % of the ICOs use ERC - 20 tokens, which is a standard to create tokens based on the Ethereum blockchain and smart contracts, an ethereum wallet is all you need to get you started.

And, secondly, it's to be involved in those that are creating the token - based protocols.

Creating a token sale through CoinLaunch is free, but there are costs associated with the process.

These elements enable the secure BitPay API server calls necessary to create tokens and payment invoices within app environments.

Creating a token may seem daunting, but following the aforementioned steps and utilizing the right resources can open up the possibility to anyone.

Waves allows users to create tokens and trade them on their platform, but unfortunately these aren't ERC - 20 based and can not be traded on other exchanges such as Binance or Bitfinex.

Creating a token that will exist on a blockchain will implement itself depending on the smart contracts that govern it.

When it comes to creating a token in your browser, CoinLaunch makes it absurdly simple.

But the playing field is changing, and by utilizing the technologies readily available online anyone can try their hand and create the tokens they've been dreaming of.

If you are creating your token the simple way, which is through your browser, then there are only five things you have to decide on right now.

Sure there is plenty of freely available code you can find and copy to create your token, as well as a handful of quality guides you can follow, but one slipup, one typo, and everything comes crashing down.

allows users to create tokens and trade them on their platform, but unfortunately these aren't ERC - 20 based and can not be traded on other exchanges such as Binance or Bitfinex.

Ethereum is a smart contract platform where users can create tokens, smart contracts and DAPPS.

When a company creates these tokens / coins, very often it issues a significant number of coins to itself which it then holds as a balance sheet asset with an acquisition cost of 0.

AlfaToken is a platform that creates tokens and all types of smart contracts for all kinds of business without having any particular knowledge regarding the coding.

Following this, the create a token sale to use as a source of capital.

Another argument for burning cryptocurrencies is that a newly created token actually has value because of it.

One provider, SOFIN, is currently looking to raise up to $ 1m (# 720,000) to create a token that can be used as a tool to bypass high exchange rates so loans can be funded internationally.

We have written a blog post about how to create tokens on Stellar.

Digi.cash has an Australian financial services license allowing it to create the tokens.

If you don't want to pay your tween real money, create a token economy system.

Create a token economy system that helps your child earn tokens throughout the day.

Bani: How do you respond to travel media organizers who try to enlist you to create token diversity?

By using the bitcoin blockchain to create tokens representing other assets, its colored coins presaged the rise of ethereum and other networks built explicitly for such use cases.

Now, they will need to create the tokens which they are going to exchange for Bitcoin or ETH in the token sale.

Such actions of regulatory houses should not be viewed as a stand in favour of banning the cryptocurrency but just a lookout so that these startups do not use the money raised from self - created tokens in a manner which can be detrimental for investors.

If you create an token («EXAMPLE»), you can create any other tokens (such as EXAMPLEVOTE) and pay distributions of EXAMPLEVOTE to all holders of EXAMPLE in one single action.

A SAFT pay off for an investor if a token becomes valuable — even if the organization that created the token is a non-profit, a loose affiliation of programmers, or even potentially a for - profit company that goes out of business.

The Tezos network doesn't create tokens through mining like bitcoin does.

What's more, it doesn't take a lot for anyone to create tokens of their own, which others can trust to hold.

Counterparty supports voting through user - created tokens, as well as broadcasting information onto the Bitcoin blockchain.

Among other things, the SEC focused on Munchee's token sale whitepaper (the «MUN Whitepaper»), including Munchee's proposed use of token sale proceeds — namely, that Munchee would use proceeds to conduct its business, hire employees, promote the Munchee application and create a token ecosystem in which the MUN token could be used.

It allows game developers to sell games directly to gamers with no commission, and using the Xenio platform, developers can create tokens for their game licenses and in - game digital assets.

They prepare to release the newly created token on the Ethereum Blockchain.

Created the Token DPA — the first security instrument that allows blockchain companies to safely and legally offer a token pre-sale to non-accredited participants.

Shpakovsky, his business partner Vladimir Smerkis, and their team are developing Tokenbox partly based on their experience creating The Token Fund, one of the first successful crypto asset funds.