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Tokens have important features. First, tokens are programmable:
we can design them to serve nearly any purpose requiring scarcity and verifiable ownership. Individuals and enterprises are using them today to represent art, stocks, votes, songs, characters in virtual worlds, loan contracts, credit scores, identity attributes, board seats, concert tickets, credentials, financial derivatives, carbon credits, currencies, certificates of deposit for commodities, mutual fund units, and fractional ownership in buildings, to name a few. 2 replies
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