Tokenex tool for launching tokens!

<p>Hello community,</p> <p>We&rsquo;re excited to unveil the first-ever version of the Nexa Tokenex tool, brought to you by Otoplo! It&rsquo;s not just ready &mdash; it&rsquo;s primed for action! But before we jump into this game-changing innovation, let&rsquo;s quickly revisit the incredible value that tokens have and bring to the Nexa blockchain.</p> <h1>Background: What is a token?</h1> <p>A token is a representation of an asset on a native cryptocurrency blockchain that has been given certain semantics or usage cases, whether trivial or of high substance. Their usage cases are broad in the world of cryptocurrency and can be utilized for various means such as stable coins (such as USDT and USDC), NFTs, ticketing, and as native currencies of dApps and other DeFi ecosystems</p> <h1>Native Tokens</h1> <p>Tokens are a market-validated use case for cryptocurrency which will bring significant amounts of value and network effects to Nexa. This is why Nexa offers token functionality natively without any need for special smart-contracts or token standards like ERC-20. But if you need the full power of smart-contracts for your token, you have that too.</p> <p>Tokens on Nexa get the 1st class treatment. Creating and managing tokens is done just like sending NEX without any need for special smart-contracts. Your new project can create a token on Nexa within a few seconds. But of course if your projects needs this, your token will have full access to the smart-contract capabilities of Nexa.</p> <p><a href="https://medium.com/@nexacoin/tokenex-tool-for-launching-tokens-a7046a081f3b"><strong>Click Here</strong></a></p>
Tags: Tokenex Tool