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Author Topic: Platform choice for carrying out tokenization or carrying out ICO  (Read 86 times)
Jaath (OP)
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December 22, 2017, 05:20:30 AM
 #1

Today I want to consider some platforms which allow to create own tokens.
Let's consider regarding functionality, popularity and convenience.
Earlier for creation (ICO IPO ITO) used direct transfers to a purse, after emergence of Etherium, there was a concept "Smart Contract" which allows to describe appointment and functionality of your tokens.
 
Etherium

Let's understand that is necessary for creation the Contract Smart in the Etherium networks and what difficulties us expect at a choice of this network.

The number of transactions with Ethereum keeps on a mark approximately in 350 000 in day recently and is the highest in comparison with the next competitors.
But in actual fact it appeared that developers did not consider some nuances and the elementary game "Kriptokotiki" practically put Air network.
Nevertheless the network possesses the high level of trust and recognition.
What is necessary to let out the token in the Etherium network?
Correctly, to write the Smart the Contract.

If all of you decided to create the ICO in this network to you the highly skilled Smart of Contracts programmers because the slightest mistake in it can lead to loss of all invested funds will be necessary.
Smart Contracts in a network of Air use the Solidity programming language which is close on syntax to JavaScript and Turing-full (as well as all popular programming languages is: Java, PHP, Python, etc.).
That is the smart the contract is the program which is compiled and written down in blokcheyn and has the address in a network. By means of this address we can cause a code a contract smart, and a smart the contract will be started on one of notes which is part of the Ethereum platform.
Smart Contracts in the Etherium network have some restrictions. For more detailed acquaintance with restrictions you can read article - Restrictions a smart of contracts
Further I will simply list restrictions with the short description.
1) Transaction which is initiated after certain time
 We can establish check of time in a smart the contract by a call of a method which initiates payment, however there is the following problem: we cannot count on a temporary tag of the block in the contract as it can be changed by a mayner, and thus break work of the contract or make result of its performance unpredictable.
2) Transactions which happen to a certain frequency
 Here we face the same problem, as in the previous example. The smart cannot be started the contract independently therefore external service which will periodically start a code a contract smart is necessary for work of periodic transactions. At achievement of conditions of payment a smart the contract will transfer funds to the address which is written down in advance.
3) To receive actual exchange rates in a smart the contract
 Owing to restrictions of the Ethereum platform, a smart the contract cannot contact directly to external services, but only to others a smart contracts and blokcheyny.
4) To hide transaction for other participants of a network
Well I think here clearly.
5) Management of payments out of the Ethereum platform
 The smart the contract cannot operate payments out of Ethereum. The smart the contract can manipulate only Ether and other currencies created in Ethereum (tokens)
For all these restrictions there are certain ways of the decision and for this reason qualitative the smart of the contract is necessary the expert with deep knowledge of this area for creation, so such the expert will cost cost to you a pretty penny.
 
Result: For placement in this network strong experts, and also deep understanding of the logic of the contract are required. You need to create independently all infrastructure for interrelation between app. Independently to create the sites and contracts for a bounty poprograms.
 
Waves.

In the spring of 2017 the Waves developers declared that the number of operations on a platform exceeded 10 thousand a day — at the declared "capacity" to one thousand transactions per second.
In fact difference of the Waves network from Etherium consists only available the proprietary application in which functions of a purse are embedded, of the exchange, and so for financing of the project the user of the Waves platform can let out own tokens which then can be sold out in the open market during crowd funding. Investors can get project tokens in any convenient currency: US dollars, euro, bitcoins and so on. The buyer of a token acquires the right to resell, present, or to exchange it for a token of other project within blokchain-infrastructure of Waves. The actual cost is assigned to a token by means of its integration into the app. Until the app has some value, the related token also has value. The real cost of a token is defined during the auction in the open market which is formed naturally.
Also so far on a platform possibility of creation a smart of contracts is not realized, so the functionality of your tokens will be limited only to their movement from a purse to a purse. (http://support.wavesplatform.com/forums/1-general/topics/5240-smart-kontraktyi/)
 
Result: This platform will be ideally suited for fast release of tokens and their placement at the exchange, but no more than that. Functions on control a smart of contracts are absent. Also main exchange unit on a platform is the token of Wav which you have to have at yourself on a purse for commission of actions at the exchange. Also independently it is necessary to create the site and manually to charge bounty tokens or to think out crutches.
Now we will talk about one project which only enters the market.
 
TokenGo

The TokenGo platform offers a uniform platform with a private office and all systematized summary information on all services to the current and assumed in the future, and also projects and the current ICO procedures.
The consensus of TokenGo uses the adapted modified algorithm of DPoP   —  Delegated Proof of Power in which the hybrid algorithm of DPoS/PoW is taken as a basis.
According to statements of developers the platform has the designer Smart Kontraktov, and it means to you it is not necessary is spent for expensive experts in this area, will be to describe logic of the contract on paper enough and to adjust it in a private office using tools available for this purpose.
Also the platform perfectly will be suitable for tokenization of the existing business or any other sphere which demands participation of the distributed databases.
The TokenGo network will not have restrictions at creation the Smart of Contracts as at Air, and it means that it is possible to develop any distributed databases.
  If to take real sector of economy, on the TokenGo platform it is possible to create professional blokcheyn decisions for accountants, suppliers of medical services, brokers, insurance agents and for many other fields of activity, even government institutions.
For example, it is possible to translate on blokcheyn the TokenGo platform customs, police, tax services, various state supervisions, archives, etc. And all this with additional digital identification and authentications which will not allow to enter data the stranger.
All this will strongly accelerate work of these services, will bring an order to work and will reduce the price of it.
And as it is known that got in blokchain, from there will not disappear any more, so this platform is potentially useful to fight against corruption.
The platform allows to use during the work with it the standard JSON RESTful API set, so such functionality will allow to interact even with outdated app.
What else pluses can incline towards this platform?
Built-in designer of the sites. You can easily create the site using this designer, to adjust bounty the company and at once to integrate it with TokenGo platform.
 
Result: The platform according to the declared characteristics considerably advances by opportunities of the colleagues, but so far it only the declared characteristics. The platform perfectly will be suitable for small and medium business. The platform perfectly will be suitable for tokenization of the existing business. You can see everything that happens to your tokens. Independent possibility of creation of the site from a bounty the program many times reduces time and funds for preparation for ICO exit. The web the interface the smart allowing to create contracts in some clicks will save to you not one thousand rubles.
 
P.S. Dear reader if I where that told lies or my information not full, please write in comments, I will surely edit article relying on your additions.
Jaath (OP)
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December 22, 2017, 06:28:21 AM
 #2

moved
keykey1
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December 22, 2017, 04:57:00 PM
 #3

Some time ago I used Counterparty but as I understand today many other platforms are exist. Counterparty use only the blockchain of Bitcoin technology. It is better to use NEM for example.
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