Examples of using Utility token in English and their translations into Japanese
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The state of Wyoming is the first elected body in the world to define a utility token as a new type of asset class different from a security or commodity.”.
If XRP has developed as a utility token for converting one currency to another during a transaction, then its price does not really matter.
This is accomplished through a proof of existence ERC20 utility token GREEN and the Greeneum network with patented AI and Machine learning tested with Solarchange.
One token- ShareToken(SHR)- is used as the utility token of the ecosystem and for sellers to buy into the marketplace.
Hello Blockmason Community, we are excited to announce that BLINK, the Link utility token, has been listed on leading exchange Cashierest with trading to open Thursday, May 30th, 2019.
Cashierest, a leading Korean cryptocurrency exchange announced that trading will open for BLINK, the Link utility token starting on Thursday, May 30th, 2019.
Magma Token, our ERC20 utility token that will both revolutionize and change the software and applications investors and traders utilize for asset management and asset data.
Underpinning its ecosystem, is the PlayChip Utility Token, a crypto-currency built on the Ethereum blockchain, specifically designed for use as a universal payment and rewards system for the online gaming industry.
For example, Ether can be used as a means of‘payment'(exchange token) on the Ethereum platform, and can also be used to run applications(utility token).
RedBUX is designed as a ERC20 utility token and will be used as a guaranteed means of payment in the ecosystem of vrXcity as well as in more than 6.000 initial points of payment on adult entertainment websites and retail.
However, former Wall Street executive Caitlin Long, the gubernatorial appointee to the Wyoming Blockchain Task Force, pointed out that it took Colorado two, 120-day legislative sessions to pass its utility token law.
The hirefreehands token($HFT) is an ERC20 utility token designed to be used by clients and freelancers within the platform, where entrepreneurs, businesses and enterprises hire& work with affordable world-class talent on-demand.
Within a three to four-year period, the Scandinavian company aspires to have 60 percent market coverage- equating to 16 million shipping containers- and hopes its utility token will become the standard currency for transactions between firms operating in the industry.
Black Platform Token(BLCK). BLCK powers the infrastructure, providing access to the platform and for conducting voting on system updates to the platform(utility token). All platform users will use BLCK for managing insurance on the Black platform, and demand for BLCK will increase as more insurance business is conducted on the platform.
If you are not offering any equity or future rights to profit in the company and are simply issuing a utility token which grants rights to a network, you might want to call it a“token” and call it a TGE(token generation event), a TDE(Token Distribution Event) or a Token Sale.
If you are launching a new blockchain, perhaps a coin or cryptocurrency is more of a proper name, but if you are going to launch a utility token, ask yourself if the software you are building on top of the blockchain really needs an entirely new chain(and all the complications therein) it or if you are really building on the application layer of an existing chain.
One kind of such coins is the utility tokens.
MAS speech clearly defined the different types of digital currencies in the market: security tokens, payment tokens, and utility tokens.
We envision that ETH derived from the sale of PolySwarm's Nectar utility tokens(“NCT”) will be allocated in the following manner.