Connect with us

Hi, what are you looking for?

ELEVENEWS

Cardano

IOHK Drops New Blog Post About Native Tokens On Cardano

IOHK shared a new post on Twitter, addressing a new blog entry that has been uploaded – it’s about native tokens on Cardano, and you can check it out below.

The original blog post notes that “Tokenization can be used to create financial products and economic models. Examples can be envisaged in fields as diverse as collectibles, alternative investments, gift cards, sports betting, in-game assets, commodities, and much more.”

They also wrote that “This has the potential to connect real-world goods, services, and activities to the digital space.”



Native tokens on Cardano

In the blog post, you can also find news about native tokens on Cardano, about the reasons for which native tokens are necessary on Cardano and more.

The post concludes by saying “Native tokens on Cardano have advantages over ERC-20 and ERC-721 tokens, in terms of security and affordability.”

We suggest that you check out the complete notes in order to learn all the details.

Cardano in the news

In other recent news, IOHK dropped some important new details about project Catalyst.

This is their experiment in the Cardano community innovation, and the team behind the project dropped a new thread on Twitter filled with juicy details.

We suggest that you check out the complete thread posted by IOHK because it’s filled with really exciting info.

News Source

Advertisement
Advertisement

Copyright © ELEVENEWS