It has never been this easy for startups to raise funds for their projects. Blockchain technology and cryptocurrencies have opened many channels that enable entrepreneurs to secure funds faster. Some of the latest fundraising techniques include; initial exchange offerings, initial coin offerings, equity token offerings, and many more. In this post, we shall focus on security token funds.

But what are security tokens?

Security tokens are digital securities on a blockchain infrastructure. Startups mostly issue them during a token sale in the form of ownership of shares for fundraising purposes. …


First, is gold money? To answer this question: money is defined as anything that is generally accepted in payment of goods and services. Money can be used as a medium of exchange, a unit of account, as well as a store of value. Recorded human history indicates that gold has been used as a medium of exchange for over five thousand years. For many cultures, gold became synonymous with money and is largely associated with wealth.

The earliest known use of gold was in 643 B.C in Lydia, located in modern-day Turkey. In Lydia, gold occurred as part of a…


Money is a crucial commodity in any economic system. Some people even believe its money that makes the world to go round. While this claim may not be entirely true, money goes along away in making our lives easier. But have you ever wondered how money came to be?

We’ve got you covered. Before we take a closer look at the origin of money, let’s first have a clear understanding of what money is. More often than not, when you hear about money you probably think about coins and paper currency.

Well, there’s more to it. Economists define money as…

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Conventional cryptocurrencies such as Bitcoin have had a fair share of backlash. Their major pitfalls include lack of physical backing and reliance on peer-to-peer computer transfers. Since no one can see the money, critiques have long questioned the credibility of cryptocurrencies. As a solution, the concept of asset-backed cryptocurrencies emerged.

If this is your first time to hear about asset-backed cryptocurrencies, these are digital currencies that are attached to the value of physical assets such as real estate, oil, commodities, minerals and even precious metals such as gold.

In this guide, we will explore one category of asset-backed cryptocurrencies: gold-backed…

By on Altcoin Academy

It’s no secret that cryptocurrencies are now a worldwide phenomenon, and perhaps you already know a thing or two about them. However, asset-backed cryptocurrency is a new concept that most crypto enthusiasts are yet to understand.

Lucent Exchange

Lucent — Asia’s First and Leading Digital Asset Exchange

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