Hope you know that Demat account on forex trading, Which is nothing but Dematerialization of shares and documents. It is just to ease the trading , increase the security, and to maintain security. Right?
Digital tokens or cyrptocurrency tokens to the same in cyrptocurrency trading, and for fund-raising.
What are digital tokens ?
Digital Tokens are now referred as crypto tokens, where it gives accessibility to a user for an entry or a block in blockchain. Which means if an user hold a crypto token then he has a key to reserve a block in the public ledger.
This concept is solely made for the future fund raising model ICO, Where the tokens will be sold to user/investors through a crowd selling platform!
Why the investors has to invest on crypto token?
Before launching an ICO, the project developers or the owner of a cypto project will claim that, the tokens will be considered as shares. With the help of token a user/investor can claim his share in future. In additional they can transfer the tokens to others based on MLM concept and can change the ownership control of blockchain entry.
Crypto tokens to raise billions in a day!
Crypto tokens are the back bone of ICO, because the project developer sells them to the investors inorder to collect legal funds from them. All these processes are registered in a contract system so called " SMART CONTRACTS ".
This is the hot trend of the cryptocurrency industry as of today. For your proof, even the trading industry also started to depend crypto tokens.
Crypto tokens : Started to rule trading industry too!
Token buying, and token selling has transformed in to a complete process called "Tokens trading" with other cryptocurrencies particularly ethereum. Exchanges enabled a new trading features for traders can collect cryptocurrencies in response to the quantity of sold tokens.
To get more knowledge of crypto or digital tokens check out the following article!
Why Digital Tokens Becomes The Hot Talk of Cryptocurrency Business Market