Decentralized Reserve Currencies And What’s Up With (3,3)

OlympusDAO: A decentralized reserve currency

Figure 1: Central Banking on a Blockchain (Source: Daniel Cheung)

Bonding, staking, and “good morning, (3,3)”

Figure 2: How the bonding process impacts the OlympusDAO ecosystem (Source: Messari)
Figure 3: The game theory behind staking, bonding, or selling (Source: OlympusDAO)

Classifying $OHM (ITIN: DRXJ-STCD-3) according to the ITC

Figure 4: ITC Classification of the OlympusDAO OHM token (Source: ITSA TOKENBASE)

The International Token Standardization Association (ITSA) e.V.

  • The International Token Identification Number (ITIN) is a 9-digit alphanumeric technical identifier for both fungible and non-fungible DLT-based tokens. Thanks to its underlying Uniform Token Locator (UTL), ITIN presents a unique and fork-resilient identification of tokens. The ITIN also allows for the connecting and matching of other media and data to the token, such as legal contracts or price data, and increases safety and operational transparency when handling these tokens.
  • The International Token Classification (ITC) is a multi-dimensional, expandable framework for the classification of tokens. Current dimensions include technological, economic, legal, and regulatory dimensions with multiple sub-dimensions. By mid-2021, there will be at least two new dimensions added, including a tax dimension. So far, our classification framework has been applied to 99% of the token market according to market capitalization of classified tokens.
  • ITSA’s Tokenbase currently holds data on over 4000 tokens. Tokenbase is a holistic database for the analysis of tokens and combines our identification and classification data with market and blockchain data from external providers. Third-party data of several partners is already integrated, and API access is also in development.

Remarks

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

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International Token Standardization Association

International Token Standardization Association

The International Token Standardization Association (ITSA) is a not for profit organization working on holistic market standards for the global token economy.

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