Sentences with phrase «services utility token»

As part of that journey, Wala is the launch partner for a new financial services utility token, Dala, which will be sold and issued in a crowdfunding token sale this November and December.

Data provided by independent ICO database ICO Drops shows that the VC firm raised almost $ 1.2 - million for a crowdfunding token sale of Dala, a new financial services utility token built on the Ethereum blockchain.

In October 2017 the investment firm announced that it would back a crowdfunding token sale of Dala, a new financial services utility token, on behalf of SA fintech startup Wala.

Not exact matches

And on Twitter, Sanchez seconded that sentiment, saying, «OpenBazaar is supposed to be a free and open protocol for trade using cryptocurrency, a way for currencies and tokens to gain meaningful economic utility to acquire goods and service, and an entry point for people to earn and onboard.»

Last, but not least, is the Utility token that provides access to a specific product or service.

These utility tokens are issued by companies who will be rendering a specific service in exchange for their specific token.

There should therefore be a strong demand for the decentralized token created produced by its utility value to increase the value of your product or service.

The ICO will issue utility tokens, which can be used for platform services, such as purchasing subscriptions or running a smart contract.

Yet utility tokens don't entitle their holders to any profits, just the goods and services that the token promises to buy.

Reality: A utility token is a token that can be used to access a product or service.

«BAT is a utility token for a new, blockchain - based digital advertising and services platform.

Utility Tokens can only give you access to services on the platforms for which they were developed.

The exemption would be directed at those utility tokens which are not marketed or promoted as investments and are able to be exchanged for goods and services.

IPStock will be launching the IPS token — a utility token used exclusively to pay transaction and service fees on the blockchain - based IPStock platform, which already has a working prototype.

Safinus tokens called SAF is the ERC20 standard utility token that will be used to access the platform and other platform services like creating portfolios, fees and commissions charged on the Safinus platform etc..

Upon launch, the Dala token will have immediate utility within the Wala Financial Platform where a user can transfer Dala to other Wala users for free, remit across borders, and redeem Dala for airtime, data, and other value - added services.

In fact, the majority of ICOs over the past year have been for «utility tokens»: coins that offer a purchaser the opportunity to purchase a good or service from the issuer.

Following the FSA's public communication, the Japan Cryptocurrency Business Association, a self - regulating organization with registered cryptocurrency exchange service providers as regular members, released December 2017 a position paper (in Japanese) entitled «Guidance on Initial Coin Offerings,» in which it acknowledges that utility tokens are generally deemed to be cryptocurrency under the Payment Services Act of Japan.

While this coin does not provide investors any share of the corporate profits currently, given that it is, strictly speaking, a utility token which represents a sale of future goods and services of 4NEW, nevertheless, it does offer holders of the coin an opportunity to avail themselves of various services, such as global money transfer services, insurance payments, telemedicine services, online pharmacy services, and Waste and Energy bill payment opportunities starting in 2018.

Our QASH token will also be used to fuel our QASH blockchain services, further increasing the utility of QASH as the preferred token for financial services.»

The other class is a utility token basically used to buy goods and services.

LydianCoin (LDN) is a utility - token that permits the purchasing of digital marketing services for blockchain brands requiring crypto - audience targeting using artificial intelligence.

Credo buyers do not expect to profit from the efforts of others because the tokens are sold for the utility of the services that they can be used for via BitBounce.

COMSA provides a complete Blockchain and token economy platform that delivers a managed service for utility token economy design, running Initial Coin Offerings (ICOs), token exchange listings regulated by Japan's FSA and interoperable enablement of NEM and Ethereum public networks and private enterprise Blockchain solution mijin, built by Tech Bureau based on the NEM protocol.

Focused on the Internet of Service (IOS), the utility token facilitates service providers» online offers and activities «by dynamically partitioning the IOS network into subspaces via a secured, bias - free stochastic process.Service (IOS), the utility token facilitates service providers» online offers and activities «by dynamically partitioning the IOS network into subspaces via a secured, bias - free stochastic process.service providers» online offers and activities «by dynamically partitioning the IOS network into subspaces via a secured, bias - free stochastic process.»

tZERO described the token as a utility to pay for fees and services with the tZERO ecosystem.

The First Crypto Research Company Providing Custom Research and Advisory Services for Utility Token Launches.

Notably, the token will be considered legal tender «for various government and non-government services, from their daily coffee and children's school fee to utility charges and money transfers.»

The BRD token is a utility token for the platform, offering users discounts for select premium services.

There is a growing number of services and platforms built on blockchain that utilize utility tokens that work within their ecosystem to buy, sell, and trade assets.

The three - year - old startup, which uses blockchain technology to create digital, localized cryptocurrencies for communities, says the token will incentivize communities to engage and consume locally and enable several new utilities such as currency exchange, payments, lending services and KYC — functionalities that will be added into the ecosystem over time, the company said.

While this coin does not provide investors any share of the corporate profits currently, given that it is strictly speaking a utility token which represents sale of future goods and services of 4NEW, nevertheless, it does offer holders of the coin an opportunity to avail various services such as global money transfer services, insurance payments, telemedicine services, online pharmacy services and Waste and Energy bill payment opportunities starting 2018.