New Digital Assets on the Block: Ten New Digital Assets for DAA Managers to Choose From
Diversify Your Digital Portfolio
With ten new digital assets added to the ICONOMI platform, DAA managers can now choose from a total of seventy-two different digital assets. Many of the new digital assets were explicitly requested by DAA managers, which is one of our primary considerations when adding new digital assets to the platform. Our marketing campaign — releasing ten new digital assets over ten days — was well received by both users and DAA managers.
At Consensus 2018, other blockchain companies showed a lot of interest in our platform and in having their digital asset listed. Next week, we will publish our internal rules for adding new digital assets to make our selection criteria clear. Let us know in the comment section which digital asset you would like to see supported next.
Ten New Digital Assets
Ælf
Ælf (ELF) tokens are used to pay for resource fees used in ælf’s decentralized, self-evolving cloud computing network. Tokens are used for deploying smart contracts and for operating and upgrading systems (transaction fees, cross-chain data transfer fees). The token also enables the community to vote on major decisions, such as the election of mining nodes and the introduction of new features.
Binance Coin
Binance Coin (BNB) is a token issued by the Binance crypto-to-crypto exchange that can be used to pay Binance exchange fees (withdrawal fees, listing fees, etc.).
CyberMiles
CyberMiles builds custom smart contract templates that enable e-commerce companies to easily deploy their business on the blockchain. Its delegated proof of stake blockchain is fully compatible with Ethereum and aims to achieve up to 10,000 transactions per second.
Litecoin
Litecoin is a global decentralized currency based on blockchain technology that enables instant, near-zero-cost payments to anyone in the world.
Loom Network
The LOOM token acts as a lifetime membership card for all dapps running on the Loom Network. The token allows users to transfer their data and digital assets between Loom DAppChains and the Ethereum mainnet. Loom Network is a Platform as a Service built on top of Ethereum that allows developers to run large-scale decentralized applications. Loom aims to be the tokenized application protocol of the new decentralized web.
NEO
NEO tokens represent the right to manage the NEO distributed network for the NEO Smart Economy. Management rights include voting for bookkeeping and NEO network parameter changes, among others.
Power Ledger
The Power Ledger (POWR) token facilitates lower costs and better returns on electricity, and also serves as the fuel of the Power Ledger ecosystem, an energy trading platform that supports an ever-expanding suite of energy applications.
Stellar
The Stellar network’s native Lumens tokens are essential to the network. Lumens provide the ability to move money around the world and to conduct transactions between different currencies quickly and securely. Stellar is a platform that connects banks, payment systems, and people. Integrating Stellar enables users to move money quickly, reliably, and at almost no cost.
Wanchain
Wancoin (WAN) is Wanchain’s native token. Transactions consume a certain amount of WAN, and users pay WAN security deposits to cross-chain verification nodes when making transactions. Wanchain is creating a new distributed financial infrastructure and aims to power the new digital economy with their cross-chain smart contracts.
Zilliqa
Zilling (ZIL) is the intrinsic token of Zilliqa. Zillings provide platform usage rights and are used to pay for transaction processing and to run smart contracts. Zilliqa aims to compete with traditional centralized payment methods such as VISA and MasterCard.
We want to thank all the representatives of the digital assets listed above for their sharing, cooperation, and contribution to the blockchain industry as a whole. We will continue to make new connections and increase the diversification possibilities of our DAAs, making sure ICONOMI remains the easiest place to diversify your digital portfolio.
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