Tokenization: What Are Tokens and What Role do they play?
What is a token? A token is a blockchain-based digital asset that can be exchanged between two parties without the need for an intermediary. A token (coin) can be seen as a set of digital information that is able to give a right of ownership to a subject on the same set of information that is recorded on a blockchain and that can be transferred via a protocol.
What are Tokens by Technical Definition?
From a more technical point of view, a token can be understood in the same way as an algorithm implemented as a Smart Contract, executed on blockchain. Each Smart Contract contains an address list that allows you to find those who can have the tokens and their balance.
Fanfare Token Sale Guidelines
Fanfare is the world’s first Blockchain-powered social commerce community platform. A social commerce community platform is an amalgamation of the Commerce platform and the social media network.