Tokens are one of the youngest categories that the blockchain revolution has brought. Initially,
currencies were created that allowed virtual money to be sent between each other without the need
for intermediaries (banks).
Subsequently, smart contract networks were created, which allowed decentralized applications to
be created through so-called smart contracts. This basically created a system in which it is
possible to create specific applications, similar to when the first mobile phones with operating
systems appeared.
You can imagine a smart contract as a simple command whose execution is ensured precisely because
of blockchain technology. It could be a command, for example, that 1 BTC will be deducted from your
wallet on a specific date if you do not return the borrowed USD to the predefined address of the creditor.
And this development allowed another step. And that is the creation of a whole range of projects
that use the properties of blockchain to solve problems and create more efficient solutions than
what current technologies have allowed us.
These projects are simply decentralized companies, and tokens of these projects can have various
functions, such as being a "share in such a company," through which its holder receives a share
of the project's revenue, but also decision-making power in the project.
There are thousands of these tokens, and there are many uses for them. Our primary focus is on
those that have real value and working projects.
For someone unfamiliar with the environment, the number of tokens and their possible uses is
certainly confusing. The range of new projects emerging on the blockchain is so vast that for
many investors, this entire segment may appear only as a big bubble in which prices fly up and
down by hundreds of percent without any logic. However, this market has its legalities, which
we have known for many years now, and thanks to which we can select projects with the greatest
potential for appreciation.
For example, we present simplistically selected use-cases of individual projects below to better
understand the real use of this technology.