Token and cryptocurrency and their inequalities
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Token and cryptocurrency and their inequalities?
And well ladies today we will see once and for all what is a token in the world of crypto coins because at first when they mentioned this token term I imagined or this or this that in the end are tokens but the Today we will see once and for all what is a token in the world of decentralized finances in the world of crypto coins we will start with some definitions of what a token is but first We must forget the **touch on this device of electronic signatures or of this other device that banks usually give us to have temporary codes and be able to validate or access various computer services are also known as tokens but in the world Egypt coins We do not refer to these rather high that we see how something similar to a crypt currency that we will see the difference in the end between Talking and crypto currency.
But to understand a little more to remember the poker game where people acquire a certain amount of chips that can make them for money in other words, it is so much that Nissan gave an asset and what we mean with this, it is very Easy to understand if you remember the world of actions tokens are something completely equivalent to actions in traditional financial markets and tokens in decentralized financial markets in the world of crypto coins.
So if I have an asset a project and I want to obtain financing, what I can do is, start that asset divided into certain chips, and those chips are going to read a percentage of that project, the people who want to support that project They can buy a certain amount of these chips and there are many ways to create a Token I have a reasoning, in the description that I will leave where I teach them to create it without being programmers simply with simple clicks.
Now, how the price of each of these tokens is created for this we will need to make a Pull investment and an investment pull is nothing more than putting a little money to that project to support the value of each One of those chips or those token assume that we put this project a thousand dollars then each of these chips that our tokens will still be worth $ 250 and if people like the project and decides to invest more money they put more money that pool that pool that pool that pool of investment because obviously this price will no longer cost each file the token but that the pool for example that rises to two thousand dollars each of these files will cost $ 500 and is exactly the same how the price of the beat coin or the rest of the Crypt coins.
Now and we can see that Bitcoin has a capitalization of billions of dollars is all the money that people have invested in this asset then if I do that 779 billion dollars divided for the 21 million bitcoins that currently exist in the Market then I will have a price very similar to 37 thousand dollars previous calculations, although now the price is in the price of 30 thousand dollars but it is because here more factors influence this is the most basic way to calculate the price of a project both in traditional finances and in the world of crypto coins according to their market capitalization and according to the number of currencies or tokens that exist and many will ask.
What is the difference between touch and crypto currency?
O Coin or currency basically as I told them the currency are already projects that have their own platform their own** Block change** instead the token when it is destined for new projects it needs to use the block chain of third parties.
CONCLUSION
In summary, a token is nothing more than a file that represents a percentage of that project of that asset and I can market it in the same way that crypto coins are marketed and in traditional finances it is something very similar to creating Actions for my project for my company.
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This article was written by @oscardavid79 free of copyright
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This is a nice post on token and cryptocurrency, keep making quality post brother
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Thanks for the quality assessment.