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section is focused on a short business proposal for how to utilize crypto tokens in a real less setting. The tokens Bill Bucks are just
section is focused on a short business proposal for how to utilize crypto tokens in a real less setting. The tokens Bill Bucks are just for fun. They have no financial value and no utility. However, they could be made useful through many sorts of computer coding. We discussed ICOs, for instance. What uses could you see using Bill Bucks or other tokens for? This should take about a page to describe a use for tokens. a) What application are you proposing for tokens? The application should be novel and realistic. Spend some time to think about exactly how tokenization of the business plan might be novel. I don't need a full business plan, but having about a page discussing how the token will work for the business model would be fantastic. b) Explain if you would want to work on the Ethereum blockchain or some other blockchain. Ethereum is more widely utilized, but has higher cost. What are your advantages to working on the Blockchain you propose. c) Why would being decentralized be helpful for your business plan? Airlines, for instance, track "tokens" in the form of frequent flier miles. They do this in a centralized way. Why would being decentralized as a token benefit your particular business model? d) Discuss any other benefits to utilizing a token. Would you want the token to be listed on an exchange and be tradable? What other characteristics will be necessary for your token
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