Tokenization

NeurochainAI Launches Token Generation Event and Node Staking

Saturday. August 10 at 3:30 AM

1 min. read

NeurochainAI, a decentralized AI-as-a-Service (DeAIAS) network, has initiated its Token Generation Event (TGE) with the $NCN token available for trading on Gate.io and WhiteBIT exchanges. The platform, with 150,000 users and 80,000 connected wallets, is establishing itself as a DeAIAS leader. A beta mobile app for AI inference has been introduced, tested by 3,000 users across 183 countries. The TGE ensures fair access by listing on centralized exchanges and offering NCN rewards for GPU connection and data tasks. Gate.io, with over 10 million users, and WhiteBIT, with 4 million users, are the initial exchanges. Node staking will follow the token launch to promote network decentralization. NeurochainAI aims for transparency and fairness in its ecosystem, encouraging community-driven growth in the AI-as-a-Service sector. Neuron Validators will receive daily NCN rewards, with 40% of the supply allocated to them. Visit NeurochainAI's guide for more on node staking opportunities and becoming a Neuron Validator.

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Sustainable Investment Fund Launched by R3 Sustainability and Chintai

Wednesday. February 5 at 3:00 PM

R3 Sustainability has teamed up with Chintai to introduce a new sustainable investment fund based on blockchain technology. Leveraging Chintai's layer-1 blockchain, the $795 million real-world asset (RWA) tokenization fund focuses on environmental, social, and governance (ESG) investing. This initiative is part of the expanding RWA tokenization sector, where assets are minted on the blockchain ledger, enhancing accessibility and trading options. By reducing investment expenses, the fund aims to provide infrastructure financing opportunities to a wider audience. The fund includes sustainability programs such as energy-efficient housing, industrial project development, desalination plant construction, and resource efficiency projects. With predictions of significant growth in the RWA sector, the fund targets the utility infrastructure market, anticipating substantial expansion by 2030. This collaboration signifies a significant step towards sustainable investment practices in the financial sector.

Tokenization

Tokenization: Moving Beyond Hype to Deliver Real Value

Wednesday. February 5 at 3:00 AM

In 2019, the financial world buzzed with excitement over security token offerings (STOs), aiming to represent traditional securities on a blockchain. However, the results fell short as most tokenized securities lacked the unique appeal sought by the crypto community. The focus on the primary market neglected the potential of the secondary market for efficient trading. Fast forward to today, attention has shifted to tokenizing assets with high barriers to entry like uranium, addressing market frictions and enabling broader participation. By leveraging blockchain technology, tokenization can transform opaque markets into accessible ones, providing liquidity and accurate price signals. This approach, focusing on genuine pain points and regulatory compliance, can revolutionize commodity trading. Moving beyond hype, tokenization can make markets more efficient, transparent, and aligned with participants' needs, delivering measurable value.

Tokenization

Thailand's SEC Introduces Tokenised Securities Trading System

Monday. February 3 at 9:00 PM

Thailand's Securities and Exchange Commission (SEC) is making strides in financial innovation by launching a tokenised securities trading platform. The initiative aims to establish a regulated environment for trading tokenised securities, expanding investment opportunities and aligning with global trends. By allowing securities firms to trade digital tokens, the SEC seeks to enhance market liquidity and attract a diverse range of investors. Leveraging blockchain technology, the SEC aims to modernise the securities industry, improve transparency, and streamline trading processes. The move towards tokenised securities offers advantages such as increased asset liquidity, enhanced security through blockchain technology, and cost-effective trade execution. While challenges in regulation and implementation exist, Thailand remains committed to creating a digital-friendly financial ecosystem. With a well-structured framework, Thailand's tokenised securities trading system could set a precedent for other countries seeking to embrace digital asset innovation and establish a more efficient financial market.

Tokenization

Mantra (OM) Emerges as Top Gainer in Crypto Market

Friday. January 31 at 6:00 PM

Mantra (OM) experienced a significant surge, becoming the top gainer among the top 100 cryptocurrencies by market cap. Despite market fluctuations, the digital asset reached a new all-time high of $5.87, with a 40% intraday increase. Currently trading at $5.59, Mantra remains a strong performer with a 23% increase in the past 24 hours. Only JasmyCoin surpasses OM, ranking 28th with a market cap of $5.35 billion. The surge in OM's price can be attributed to a 214% spike in daily volume, reaching $497 million. Additionally, a recent partnership with DAMAC Group, focusing on real estate asset tokenization, has fueled momentum for OM. With DAMAC set to tokenize up to $1 billion in assets on MANTRA, the future looks promising. The overall asset tokenization market is also thriving, with RWA tokens experiencing an 11% increase in market cap to over $40 billion.

Tokenization