Tokenization to the Rescue

Last modification 04/04/2023

Definition of Money

Definition of Money

There has been many definitions of money. You can read here some definitions from different authors.

Functions of Money

There is not consensus on the functions that money must have. Professor David Kinley established the following functions.

Characteristics of Money

Different author describe different characteristics for money

So, the only consensus regarding money is that, everyone understands money in a different way. And this is where tokenization fits. Tokenization allows the issuer to define the features of his currency as a protocol.

Tokenization

What is Tokenization?

Tokenization is the process of converting something with tangible or intangible value into digital tokens.

Tokenization Projects

In our experience, the following project types can include tokenization:

PRODUCTS
...
Products

Discount payments with Cryptogas will be available for affiliated merchants and consumers.

ECOSYSTEMS
...
Ecosystems

Crypto debit cards will be introduced in the market for regular expenses.

CURRENCIES
...
Currencies

Using CYGAS to allow sending instant money between parties, standalone or integrated in the tools

PROPERTY
...
Property

An easy-to-use launchpad for non technical entrepreneurs to boost crowdsolving

GOVERNANCE
...
Governance

Staking can be also in Gasclick roadmap to reduce circulating supply.

Commodity Backed Token

Commodity-backed money is a type of currency guaranteed by a physical commodity, such as gold or silver. The idea behind commodity-backed money is that the currency is backed by something tangible, which provides stability and confidence in the currency.

Feature Negative Positive
Decentralized Centralized Centralized Decentralized
Barter Commodity Metal Representative Fiat Plastic Commodity Backed Token
Durability
Portability
Divisibility
Recognisability
Scarcity
Acceptability
Uniformity

Crowdsolving Problems

Our understanding is that commodity money will be the preferred design in a tokenized society and this is where CRYPTOGAS comes in. We also think that by using Services backed currencies societies could satisfy their primary necessities by themselves and we want to provide a framework for it

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The Abandoned Road
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Capturing Value