transactions

OPSkins Claims Early Success For Blockchain VGO Item Economy

Following its launch on 21 June, OPSkins has been trumping the success of its new collectible token economy VGO. According to DappRadar, VGO is already top-ranked in the Collectibles category with a 7-day transaction volume valued at 394.42 ETH (around $180,000) and 9,929 transactions. In comparison, during the same period, CryptoKitties’ (which is ranked as a game) volume was …

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How Blockchain Can Solve Problems in Exchanging Virtual Goods

There are a number of major problems in the market for virtual goods that need to be solved. With centralized virtual goods exchanges, it’s extremely expensive to set up a virtual asset exchange, requiring millions of dollars in software capital expenditure, so most parties never have the opportunity to set one up. Second, there is …

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The Ultimate in Safe Anonymity: Why Transfer Agents and Tokenization are the Solution

The advent of blockchain has enabled a network of users to maintain and update a general ledger of ownership through cryptography. This is known as tokenization, and it allows individuals to exchange real-world items at low costs with minimal risk. However, tokenization only enforces ownership of items on the blockchain. The delivery and facilitation of …

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