Tokenize Xchange
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Tokenize Xchange

The Newsletter by Tokenize Xchange (Vol.173| Jan 2022)

Premium Membership Fee Reduced from 80TKX to 20TKX from February 2022

If you haven’t updated your Tokenize Xchange membership from Normal to Premium, this is the best time to do so.

As Tokenize welcomes Chinese New Year, we are pleased to announce that our Premium Membership fee will be reduced from 80 TKX to just 20 TKX. A great opportunity for the users who would like to enjoy great Premium benefits but are still hesitating.

See why you should subscribe to be a Premium/Platinum Member here

Chinese New Year Lucky Draw

Year of the Tiger 2022 is approaching. Join Tokenize Xchange now in this lucky draw to win a Tokenize Xchange Chinese New Year Exclusive Goodie Bag (worth of 88SGD) from us.

Users who have deposited any transaction S$888 and above via credit/debit card will win one chance to take part in the CNY Lucky Draw.

10 winners will be randomly chosen out to win a CNY Goodie Bag worth SGD 88 each.

General Rules

  1. The giveaway campaign rewards are only available for those users residing in Singapore.
  2. Promotion period runs from 24th January to 2nd February 2022.
  3. Users who have deposited a transaction of S$888 and above using their credit/debit card will be entitled to a chance to win the lucky draw.
  4. Each user is only entitled to 1 chance in the CNY Lucky Draw, regardless of the amount that they deposit.
  5. The winners will be announced on Tokenize Xchange Facebook Live on 7 February 2022 at 10:00AM SGT.
  6. Tokenize Xchange reserves the right to change or modify these terms and conditions at any time without prior notice.
  7. Any decision made by Tokenize Xchange is final.

Deposit a minimum amount of S$888 into your Tokenize Xchange account, using a credit or debit card from 24th January to 2 February 2022 to join.

Tokenize Xchange Chinese New Year Goodie Bag includes Melt In Your Mouth Pineapple Tart Balls,
Gula Melaka Kueh Bangkit & limited edition Tokenize Xchange red packets.
Tokenize Xchange Chinese New Year Goodie Bag includes Melt In Your Mouth Pineapple Tart Balls,
Gula Melaka Kueh Bangkit & limited edition Tokenize Xchange red packets.

New Listings Incoming on 26th Jan, 2022

Our Market will welcome two promising new coins from 26th January, 2021: Keep3rV1 (KP3R), Amp (AMP). Deposit and Withdrawal wallet functions to be announced again.

About Keep3rV1 (KP3R)

The project’s treasury is maintained by bonded Keepers, who are responsible for governance. Each non-KP3R transaction on the platform is charged a 0.3% fee, which is distributed to the treasury. Keepers who complete jobs are rewarded with KP3R, which can then be staked in order to participate in governance or receive dividends, should the platform’s governance decide to generate and distribute them.

Keep3rV1 is an Ethereum-based platform that utilizes KP3R, an ERC-20 governance token. This means that it relies on the Ethereum blockchain to validate any on-chain KP3R transactions. Ethereum uses a proof-of-work consensus algorithm in which miners compete among each other to add new blocks to the blockchain and a majority of all nodes in the network must confirm a record for it to be posted.

Within the Keep3rV1 platform itself, bonded Keepers are responsible for managing and approving jobs and for managing Keepers — including settling disputes and blacklisting bad actors, if necessary.

The project’s smart contracts were audited at the end of October 2020 by PeckShield, a blockchain security company, before it went live. The audit found that Keep3rV1 was “well-designed and engineered” and uncovered no critical security flaws, but it did identify some potential medium- to high-severity risks, which Croje stated have been logged and updated.

About Amp (AMP)

Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.

Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.

The History of NFTs and What is Next?

NFT is the keyword on the top trending search among the crypto community in 2021. 2021 is the year of NFT, a year that NFT has explosive growth against other competitors of the crypto world. But to know more about NFT, we have to look back to 2012, when NFT was just an unrealistic idea. Let’s take a trip over the history of NFTs and the main milestones of NFT development over the last decade with Tokenize Xchange!

>>>Read more: What is NFTs?

Before 2017: Colored coin

The desire to repurpose Bitcoin, with many people, artists, and projects involved, eventually led to colored coins. Color Coins are tokens that represent real-world assets on the blockchain and can be used to prove ownership of anything from precious metals to automobiles to real estate and even stocks and bonds.

The idea of ​​the NFT originated as a so-called “colored coin” originally issued in 2012–2013 on the Bitcoin blockchain and implemented via various protocols such as OpenAssets, ChromaWay, or Colu.

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