New Digital Assets on the Block: Starting 2018 with Five New Digital Assets
Starting 2018 in full swing, we are adding five new digital assets for our DAA managers to choose from. Joining our digital asset list this month are Icon, Kyber Network, Loopring, Quantstamp, and Ripple.
Icon
The Icon (ICX) token is a loopchain-based smart contract digital protocol that facilitates, verifies, and enacts negotiated agreements between consenting parties within the ICON project, which aims to build a decentralized network that allows independent blockchains with different governance systems to transact with one another without intermediaries.
KyberNetwork
The KyberNetwork (KNC) token serves as a fee payment system for reserve managers of the KyberNetwork, a new system that allows instant trading and conversion of digital assets.
Loopring
The Loopring (LRC) token is used to pay fees when intermediating trust between blockchains and exchanges, allowing trading members to retain custody of their funds.
Quantstamp
The Quantstamp (QSP) token is used as a form of payment for auditing and securing smart contracts using the Quantstamp protocol.
Ripple
The Ripple (XRP) token is the fastest and most scalable digital asset, enabling real-time global payments anywhere in the world.
Stay tuned, as more digital assets will follow soon.
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