CryptoURANUS Economics: Equity Token: Defined in CryptoCurrency

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Thursday, May 6, 2021

Equity Token: Defined in CryptoCurrency

Equity Token: Defined in CryptoCurrency

 

An equity token is defined as a digital tool that represents partial ownership in a company.



Equity tokens are similar to a stock in that they represent a tiny fraction of ownership of a company. 


Equity tokens are used by new companies to raise money for future growth and operations. They can also used by existing companies to raise more money for expansion.

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