Ninjastic
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Board Tokens (Altcoins)
Re: [ANN]ARIZN TOKENIZED CROWDFUNDING $2M PRIVATE SALE SOLD OUT
by
jordan_23
on 29/07/2018, 02:20:38 UTC
Quote from: achiahia on July 29, 2018, 12:34:20 AM
Quote from: caidic8 on July 28, 2018, 12:29:43 AM
Quote from: Julianito on July 28, 2018, 12:12:47 AM
It is really a great idea by Arizn to tokenise the founders' product and created them into an accessible, liquid and transparent offer to potential funders. However, what is the probability that this ALT tokens will be valuable in the market? Considering many tokens almost do not have value as of now.

What is the advantages of tokenization? I believe tokenization has great benefits but it also has drawbacks. Hoping that Arizn team are considering these disadvantges.

One of the disadvantages of tokenization is encryption and decryption processes. Meaning tokenization is reversible and that would be prone to hackers whom very good in enceypting and decrypting. Specialized security should be implemented. Is Arizn prepare for this?

I agree and disagree with you 50%-50%. I agree with you that tokenization is a possible disadvantage but not on the security aspect. I think tokenization would make transaction more secured. Its disadvatage is the cost in encryption process. For large number of transaction this is very costly and might be shouldered by consumers.