Crypto Token Development >

Why Crypto Token Development

It is the massive business prospect of this special digital currency transforming as the reason for increasing demand of crypto token development. These are the tokens or value that gives the rights to access any services or product on the blockchain network. From the perspective of business, crypto token is a trending idea which is pushing enterprises and entrepreneurs to launch ICOs.

 

 

What is a Crypto Token

Crypto Tokens is a type of Cryptocurrency featuring different characteristics to that of Altcoins. While altcoin refers to currencies other than Bitcoin, Crypto Token is a representation of an asset or utility. For instance, a crypto token may represent a fixed number of service, loyalty points or any content on the network. The following are the features of a Crypto Token:

  • Crypto tokens or cryptos are not digital money. Rather, they are digital assets, which are transferable and exchangeable with other cryptocurrency or tokens.
  • A token is a cryptographically secure string of data or information.
  • Tokens are created on an existing blockchain.
  • Tokens operate on a blockchain to facilitate transactions for developing decentralize apps and execute smart contracts.
  • Crypto Token are distributed in standard ICO Process.

 

Further Readings:

 

Business Perspective of Crypto Token Development

Cryptocurrency rose to massive prominence in the financial world a couple of years before. Now, even if the market is not that bullish, cryptocurrencies are here to stay. The recent development in the approach of authorities and governments across the world is sure to standardize this industry. The following facts establish the prominence of cryptos in the market.

  • In the first half of 2018, there were claims of ICO rising about US$ 15B. The demand still continues to grow.
  • Blockchain is becoming popular in enterprise ecosystem pushing forward the popularity of technologies behind cryptos.
  • Upcoming regulations in cryptos market will make cryptos standard and globally acceptable digital assets.
  • Since Tokens are comparable to a medium of technology exchange, it will have more relevance with better innovations.
  • Tokens are synonymous as utilities of the blockchain platform, hence they can be marketed easily gaining good popularity.

 

Industries Leveraging Blockchain Technology

FinTech                        Insurance                           Real Estate                    Legal

 

Crypto Token Development by Oodles Blockchain

Oodles Blockchain provide ICO & Crypto Token Development Services. We also provide support services for your ICO campaign. Oodles Blockchain provide a wide array of services such as conceptual token design (creation) and ICO smart contracts to the website (landing page) design, maintenance, and marketing. The following are our services.

  • End-to-end ICO management: We ensure that your ICO project is being managed with due diligence, from scratch to realization.
  • Token Creation (development): Enhanced token design to form the conditions for improved API infrastructure and increase the performance.
  • Escrow Services: We can efficiently manage Bitcoin/Altcoin/Ethereum escrows and holds the funds until the development of the service is not done and ready for public purchase.
  • Pre-ICO strategy: We enable access to the pre-ICO participants to make sure that the ICO is a more non-complex relation than a bootstrapped chaos.
  • White-paper Services: A whitepaper is the most fundamental aspect of every ICO. We have a team of content writers who ensure that every written word in the white-paper is of value.

 

 

Oodles Blockchain Technology Expertise

OpenChain                      Ripple                                   Steem                           IOTA

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