COIN - Tokens.com: Greener Faster & More Accessible Crypto

2024-03-27 17:08:02 ET

Securing modern blockchains

Tokens.com is in the business of securing modern blockchains like Ethereum 2.0 and Polkadot. The Proof-of-Stake (PoS) or staking process used is next-generation technology . To explain, Proof-of-Stake provides investors with a simple and secure way to invest in the cryptocurrencies that power Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs).

Blockchain crypto technology used in mining today is 12 years old. Further, it only processes about 15 transactions per second. On the other hand, Proof-of-Stake technology, which is what Tokens deploys, processes 100 thousand transactions per second.

"We focus on supporting the blockchains that support decentralized finance and non-fungible tokens because we know those are booming industries," says Co-Founder and CEO, Andrew Kiguel. Tokens.com is compensated with tokens for its work, earning average gross yields between 8-10%

Tokens.com does virtually the exact same work as a crypto miner, except they use 99.9 percent less electricity. Instead, they use ownership of the underlying token to vote transactions and validate them as opposed to using expensive hardware and vast electricity use to do the same work.

"The digital asset space and blockchain is here to stay. The entire world is going digital and we are at the forefront of that evolution," says Kiguel.

For more information on Tokens.com Corp. (NEO: COIN, FSE: 76M) please click the request investor info button.