Digital assets are the foundation of the new European economy. These assets provides a value addition to the services like distributed computing, games,micro-payments, prediction markets, remittance, smart contracts, etc
The major constituents ofDigital assets in Europe with the largest market capitalization includes Bitcoin, Ethereum, Monero, Dash, MaidSafeCoin.,etc
Bitcoin being the first generation, Alt-coins(cryptocurrencies other than Bitcoins) being the second generation and application tokens being the third generation, Digital Asset Arrays™ (DAA) represent the fourth generation, one that combines the properties and characteristics of all underlying digital assets.
Bitcoin (BTC), the father of cryptocurrencies is the original value token that still represents more than a half of tokenised digital assets’ market capitalisation.
Ether (ETH) is a value token of a distributed platform that allows developers to create distributed applications and smart contracts.
Monero (XMR) is a privacy-centiric value token that uses advanced transaction cloaking techniques.
MaidSafecoin (MAID) is the token used on the Maidsafe Network, which is a distributed data storage network.
GameCredits (GAME) is a gaming value token based on Bitcoin that aims to replace existing in-game purchasing options and mechanisms.
Steem (STEEM) is building distributed content and media distribution platform, promising to disrupt publishing and distribution businesses. Community building and social interaction are rewarded.
Siacoin (SC) is the designated cryptocurrency used on the Sia decentralized data storage platform which functions as a remote peer-to-peer data storage network.
Digital Cash (DASH) is a digital value token based on Bitcoin that provides for faster transactions and enhanced financial privacy.
Augur (REP) is a distributed prediction market to exchange value when forecasting event outcomes based on the ‘wisdom of the crowd’ principle.
Factom (FCT) provides a data layer for blockchain applications featuring real-time audits and instant data verification.
Lisk (LSK) is a public blockchain platform that provides distributed blockchain apps with their own separate blockchain, solving challenges around scalability.
Golem (GNT) is a token of the Ethereum-based decentralized supercomputer network Golem. It is part of the open-source Golem project, where anyone can make money ‘renting’ out their computing power or developing & selling software.
Synereo (AMP) is the Synereo’s native token, which serves as a way to amplify the flow of information in the network and allows content creators to easily monetize original works without relying on adds.
And thus DAA (Digital Asset Arrays™) are comprised of various combinations of the above digital assets. Each user can create his/her own assortment of the above specific digital assets and offer them to the community of supporters.
DAA can consist of as many underlying digital assets as you want, thus they are a perfect vehicle to achieve your goals. DAA can be either diversified to maximize value stability, or fine tuned to aggressively pursue maximum gains.
This article was contributed by author Bhargavi Sayee and published by author at KryptoMoney.com.
The author at KryptoMoney.com had to modify the article for quality purpose.
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