Digital tokens are a new asset class, powered by cryptocurrency networks like Bitcoin and Ethereum. The sector has attracted maniacal investors this year, giving these e-coins absurdly inflated valuations that have inspired endless comparisons to the “dot corn” ear.
Hundreds of projects have collectively raised more than a billion dollars through fundraisings. There are now tokens funding every conceivable endeavor: Decentralized cloud storage (FileCoin, Story), Celebrities Tokens and so on. With such success stories, there has been an influx of new plans to become the next big thing.
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