Use Simple Token to launch your own branded crypto currency without the risk and technical costs of going it alone.
Simple Token “ST” is a utility token that enables any company to create, launch, and manage their own branded digital token economy, powered by Simple Token protocols and software.
The OpenST protocol is open-sourced on Github.
Convincingly high potential to become the major player for branded token economies, opening doors for anyone to participate in tokenizationCons:
Success relies on the public, but no matter the level of adoption, exploration/advancement of tokenization is inevitable with Simple Token
Digital Knights is exploring tokenization of its own business and platform with Simple Token, and will provide the Simple Token SaaS tools to its approved tech teams for tokenization of the applications they developDigital Knights has used this product for one month.
Simple Token aims to empower consumer apps with tokenization by gapping the hurdles cryptoeconomics and cryptocurrencies present.Cons:
Mainstream adoption of dapps could potentially compete with Simple Token, but Simple Token could also accelerate this adoption.
XAIN is aiming to explore tokenizing different applications in its main industry sectors: automotive, IoT and healthcare. We will help Simple Token and the OpenST protocol to further develop its specifications.XAIN has used this product for one month.