The term blockchain as heard many times over in the past couple of years has without a doubt, proven to be both helpful and useful in the various areas concerning societal needs, regarding crypto use of course. But this integrated aspect in cryptocurrency came to be shown in another light with the onset of Ethereum, a cryptocurrency where a new feature called smart contracts was introduced.
This brought with it so many possibilities in the world of crypto as there never was, with its ability to create tokens that can be used for transactions, making trading possible in a non-centralized manner, making sure transactions done are checked and approved through blockchain systems, being able to game with a blockchain approach and so on.
All of these abilities mentioned above are made to come to pass without failures, because of a programming language called solidity which is incorporated so that interactions can be done with the virtual machine of Ethereum. Although, over the years there has been others which have adopted this means into the creation of theirs, but it still stands that Ethereum leads them all in the smart contract approach.
What is Asset Split?
Imagine a scenario regarding someone who wants to start a project or maybe he/she has begun the project, but they get stuck somewhere unable to continue due to lack of funds. How do they solve this hindrance?
The answer is Asset Split. This innovation is created to assist in dividing their important stuff using the smart contract technology so some money can be gotten to continue the project they don’t want to fall apart. This is a very wonderful idea because, it could solve a lot of crisis and future mishaps unknown and lurking in the shadows to swallow up the labour of the project owner.
This innovation is called ASN as an abbreviation and has as its support, the smart contracts.It can be able to keep data and also bring them out when needed in a non-centralized way. These data can be reached anytime needed for a long time.
The Token
For this very innovation, an ERC-20 token called Ethereum Asset Split Token(EAST) will be used for transactions on the Asset Split Network and the info is thus below
Token contract: 0x2d1e23144b89fc7364ed3efcd5af04093f7d9a3d
Full name: Ethereum Asset Split Token
Symbol: EAST
Total supply: 150,000 EAST
Decimals: 18
Minting: none
According to calculations, total supply of 150,000 EAST was sent to the Asset Split token
sale contract in the transaction with the address
0x08377f47fcfd2f922860a34f1c45a0633eff6d1d2ef2fffe2d0a51cecea5d07e
Listing On An Exchange
There will be a request made by Asset Split Network for a listing on an exchange which are non-central and classic when less than 25% of the token from the overall supply is made available by means of the sale of tokens.Share owners will vote the exchange.
Conclusion
The era is changing and the world is adopting the use of cryptocurrencies which use the smart contract in their approach.But more importantly making sure these cuurencies that pop up everyday continue staying in business, ASN has presented its features to help and promises a better future for the crypto world.
Useful links
Website: https://assetsplit.org
Bitcointalk thread: https://bitcointalk.org/index.php?topic=5091558
Bounty thread:
Whitepaper: https://assetsplit.org/assetsplit-whitepaper.pdf
Twitter: https://twitter.com/assetsplitorg
Discord: https://discord.gg/9FM2QZB
Telegram:
Asset Split Channel: https://t.me/assetsplitnetwork
Asset Split chat group: https://t.me/eastofficial
Asset Split Bounty group: https://t.me/AssetSplit_BountyChat
Bitcointalk username: bluecrab
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2051472
Telegram username: @maroong
Eth Address: 0xC2f1485677c9805ad1Db8d8375CC58daED9073da