tokens

A beginner's guide to digital tokens; get educated on the function of and differences between currency tokens, asset tokens, equity tokens and beyond.

What is the difference between a digital currency and a token?
Digital currency and token: how are they different? In simple terms; A crypto currency uses its own blockchain to keep track of all data, while a token uses another platform’s blockchain as its infrastructure. This means that when a person creates a token they don’t have to create the blockchain, write the code or even worry about how it has to be validated, but simply create the token and it runs on that chain of blocks. With this in mind, a team of developers can migrate from being a token to a coin if they decide their project is growing fast enough, but they can’t directly convert a token to a coin. Instead, they create acurrency that works in the same way as a token and then create a bridge that allows users to exchange their old tokens for the new currencies. Another feature worth explaining is that some coins are represented as tokens on other networks. How? You can think of this as buying a gold stock: you own the stock but all it does is represent gold and at any time you can withdraw that stock for a gold piece, so it’s basically gold (at least For commercial purposes).
By Boopathi4 years ago in The Chain
What is the best way to make a free NFT? . Top Story - May 2022.
In this article, I’ll show you how to make a free NFT. It’s easier than you may think to make, or’mint,' an NFT, and so’s just as easy to do it for free. I’ll be concentrating on generating a single NFT artwork in this tutorial rather than minting generative NFTs or an NFT collection.So, what exactly are NFTs? These non-fungible tokens have swept the globe, but they're not quite as complicated as they appear. NFTs are a method of registering a digital file on a cryptocurrency blockchain to ensure that it is a one-of-a-kind object and to demonstrate ownership. We have a complete guide on how to produce and sell an NFT, but I'll teach you how to make one for free right now.
By gabriel4 years ago in The Chain
BEP20 Token Development Company
BEP20 Token Development BEP20 token development is one of the most innovative areas in the crypto market today, and it has a bright future ahead of it. We are a BEP20 token development company that creates BEP20 tokens on the Binance Smart Chain for a variety of uses. Our BEP20 token development team possesses the technical expertise and creates tokens that provide basic functionality for the BEP20 token, such as token transfer, balance return, and ownership view, among other things. We can also create custom BEP20 tokens to help you recover from any business setbacks.
By Shira Linnea4 years ago in The Chain
Cross-chain bridges: their compatibility with Blockchains
In recent years, the number of different layer 1 and layer 2 blockchains has increased exponentially. Each of these networks is unique, works according to its algorithms and differs from others in terms of its characteristics. That is why smart contracts and tokens from one blockchain cannot be directly transferred to another. Bridge Smart Contract Development Services came to be the solution to this compatibility problem. And we are going to tell you about it in this article.
By Sandyzakk4 years ago in The Chain
10 amazing NFT games to make money with
Every day we will hear more about non-fungible tokens or NFTs , assets that function as digital certificates of authenticity that have ceased to be seen as a simple phenomenon to become a reality through which to buy and sell ownership of digital goods. The development of nft gaming platform industry has opened its doors to a world where users go from being recognized to being rewarded, beyond its use in works of art. If you want to discover the best NFT games to earn money with, this post is for you!
By Ethereum4 years ago in The Chain
TRC20 Token Development: Everything You Wanted To Know About It
TRC20 tokens offer a unique infrastructure and functionality akin to the ERC20 blockchain, allowing for decentralized integration of different services through industry-scale smart contract administration. TRC20 tokens let users do transactions in a matter of seconds, with no technological issues.
By Antier Solutions4 years ago in The Chain
What is Axie Infinity? A beginner’s guide
Definition Axie Infinity is a crypto-Pokémon game in which players raise, battle, and trade cute NFT pets called Axies. The game is called Axie Infinity. In addition to Axie Infinity Shards (AXS), the game has Small Love Potion (SLP), which can be bought and sold on Coinbase.
By Dipu Guide By Dipu Verma4 years ago in The Chain
Methods of Profiting from NFT (6 Different Methods Explained 2022)
Ways to profit from the Internet are increasing year after year, and the latest of these methods is currently profit from NFT. non-fungible tokens became one of the most important digital products being sold and profitable at the beginning of this year.
By polak4 years ago in The Chain
How Much Does it Cost to start a crypto exchange like LocalBitcoins?
Cryptocurrencies are the new-age virtual currencies that work on blockchain technology, which is completely decentralized. Cryptocurrency is becoming more and more popular in the fintech world. Simultaneously the demand for crypto exchange is fast expanding because people use these exchanges to trade cryptocurrencies. So, many business people and entrepreneurs wish to create crypto exchange platforms. Various crypto exchange business models are available in the crypto market. Among them, the LocalBitcoins crypto exchange model has gained popularity. This has led many entrepreneurs to start a crypto exchange businesses like LocalBitcoins.
By joelryan4 years ago in The Chain
Metaverse Token Development: Your Pathway to success in Metaverse
The world is fast advancing towards modern-day technology, and Metaverse is the term that justifies this accurately. metaverse? Doesn’t that seem like a science fiction term? It was 30 years ago, yet it is now slowly becoming a reality. Isn’t it fascinating? Yes, the metaverse is a parallel digital universe where individuals may coexist as they do in the actual world. For today’s rising enterprises, metaverse token development is a powerful & futuristic method to launch into the parallel virtual universe.
By Metaverse Development Company4 years ago in The Chain
Shiba Inu Price Forecast: Can SHIB Reach A New All-Time High In 2022?
SHIB has long been among the top 20 cryptocurrencies after market capitalization, helped by a growing number of holders, as more and more retail investors enter the market and discover the asset due to its large user base.
By Ionut2420044 years ago in The Chain
What is the Shill Token (SHILL)?
The Shill Token (SHILL) is a digital asset that allows users to buy and sell products and services on the blockchain. It was created as a way for businesses to connect with their audience more effectively and to make it easier for customers to buy and sell products and services. The Shill Token is also used to reward users for their good behavior on the blockchain.
By Mariana Wilona4 years ago in The Chain