Sentences with phrase «utility tokens create»

This week's new coin is Uptoken, a utility token created by Coinme.

Not exact matches

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.

«Most of the companies over the past eighteen months that have been creating these ICOs have been trying to pitch themselves as, what I would call, utility tokens, which means they're not subject to normal SEC registration or the normal rules that your investments would have to go through if they listed at AngelList for example,» said Barhydt.

Particl created its own blockchain that allows intrinsic value to be layered onto their utility token (PART) through voting rights, governance control or passive income with proof - of - stake consensus.

For those unfamiliar, ERC20 is a technical protocol developers can use to create utility - based tokens on the Ethereum network.

Sidechains, a concept created and mainly developed by Blockstream, is an attempt to bring increased functionality to the Bitcoin network and add greater utility to the Bitcoin token.

The state of Wyoming has created a new asset class that defines cryptocurrencies as «Utility Tokens».

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..

Sadly, the human capital capable of creating a utility token is very limited due to years of general dismissal of bitcoin as a taboo.

The utility token was created to process and facilitate transactions between multiple businesses and individuals.

With BCH embroiled in an ongoing public debate with BTC, the focus has been removed from creating utility for their token.

Notably, OKEx — another top - three cryptocurrency exchange based in Hong Kong — recently launched its own utility token and has said that it will create its own public blockchain, tentatively dubbed OKChain, as well.

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.

The JPLSnapshot utility add - on, already present in the Nxt Reference Software (NRS) v1.11.8 or later, is designed to make the process simple, by taking a snapshot of the current public Nxt blockchain, automatically allocating 10 % of the new blockchain tokens to existing Nxt holders at the time of the snapshot, and merging this list of accounts with the list of genesis block accounts for your project to create a single genesisAccounts.json configuration file.