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Showing posts from December, 2019

Art Tokenization Platform - Crypto App Factory

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What is Art tokenization? Art has so far (and still in the present) has been a very costly affair. Only those Art Connoisseurs, curators & collectors who have the financial backing have been able to afford the artworks. Tokenizing an Art means that the art's cost of ownership is ascertained, the rights to own it is digitized into multiple tokens and sold to the interested buyers. Since each token is backed by Art's value and right to ownership, it implies that you own a portion of the art for that particular value. Art asset-backed tokens have a ceiling limit as to how much units of tokens they can sell, so the quantity is limited and the value increases over time without getting diluted. The primary advantage of tokenizing an artwork is that it lowers the entry barrier for everyone who might be interested in purchasing the artwork but may not have the funds to purchase the artwork. The concept of Tokenized art allows a group of individuals to collectively invest in...

How does this Blockchain powered Multi Vendor Marketplace Script work?-crypto app factory

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This incredible decentralised Multivendor Marketplace script works very similar to any marketplaces like Amazon, eBay etc. just that it’s decentralised and powered by the power of Blockchain. Which means it gets all the goodness that comes with the Blockchain. Some of the highlights are: Vendors can directly open a store and start listing their products. They can collect payments form buyers directly as Cryptocurrency. NoPlatform fee, as the entire marketplace is Peer-to-peer and decentralised. They can sell any goods from any part of the world. No restrictions. Buyers can shop securely and pay via. any cryptocurrency directly to the vendors.They can store their Cryptocurrency inside the Marketplace Wallet itself and pay instantly for any products. They can secure their purchase with a moderated escrow payment option. Sellers and Buyers can chat and coordinate inside the platform. They can check the delivery status of the shipment etc. ...

Cryptocurrency Comparison Script-crypto app factory

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A cryptocurrency is a fully decentralized, secure, digital currency whose creation is controlled by cryptography. Cryptocurrencies are not issued by central banks and their value does not depend on bank policies. Unlike regular currencies where new money can be introduced in the money supply through Quantitative Easing (QE), cryptocurrency prices are purely based on supply and demand. Bitcoin, created in 2009, was the first cryptocurrency. There currently are over 800 alternative cryptocurrencies, called Altcoins, such as Ethereum , Ripple and Litecoin. How? All data on the site is popultaed from API's from a varity of other sources (Major Exchanges, ICO sites , Markets etc. ) Pages get created dynamically for each coin in the market and each stat produced by Exchanges on regular basis ( in no time your site will have thousands of data rich pages ). Ex: https://www.coingecko.com/en/coins/ripple https://www.coingecko.com/en/exchanges/binan...

What is a Security Token Exchange? - Crypto app factory

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When a token is subjected to federal security regulations and can derive its value from an external, tradable asset, it is categorized as a security token. It is true that the process can seem complicated, but there are a lot of benefits with a security token issuance. Tokenizing securities improves the liquidity of underlying assets which can engage more investors. Security tokens also come up with other benefits like increased market efficiency, lower issuance fees and fractionalization of larger assets. If a startup meets the required regulatory obligations, the security token offering  can create a vast potential for the variety of applications. Two types of Security Token Exchange: (1) Utility Tokens:   These type of tokes are used for creating Initial Coin Offerings  ( ICO ) for raising funds. These tokens does not equate to a share in the company, but can be used to facilitate a particular event, transaction or value in the operations of the com...

How this Blockchain does powered CrowdFunding Script work-crypto app factory

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First lets start with how normal Crowd Funding sites like Kickstarter Works: It all starts when an Entrepreneur comes up with a Brilliant idea of a project, but does not have the money to kick start it. He goes to Crowd Funding sites like indigogo etc. and posts all the information about his idea. He also mentions how much of funding he would require to get his project completed. The twist here is, instead of giving equity to each person who funds… he promises to give each one a piece of his finished product. Normal people like You and me browse through each project and fund the ones we like. Why? Because we get one of the finished products ( which would cost higher once its for sale ), and also gives us a good feel that we have helped someone achieve his goal. Now getting back to how our Cryptocurrency powered Crowd Funding Script works: Everything works in the same manner like how a normal Crowd Funding platform works, but just for how the funding is done. When an invest...