Not exact matches
The Security Token is an innovation that allows for the digital embedding of financial instruments
into blockchain - based tokens that are
tradeable on compliance, SEC - regulated exchanges.
One was how to turn a diverse portfolio of modest sized projects
into one
tradeable asset, while serving the interests of many diverse stakeholders and investors.
ACT offers a three - token system, with VOTES tokens used for voting on and funding proposals, ACTION tokens used for determing curating privelages and rewards, and external exchange
tradeable ACT tokens used to convert
into ACTION tokens.
Tokens can represent anything that has been programmed
into a smart contract on the blockchain, which are basically any assets that are fungible and
tradeable, from commodities to loyalty points to even other cryptocurrencies!
The move is yet another example of Bitcoin steadily coming
into focus for traditional investment players, in this case keen to leverage its potential as a
tradeable asset.