Tokenomy vs UMA Token
What problem does this service solve?
| Tokenomy enables anything of value, such as frequent flier points or virtual goods, to be turned into a token that can be traded on their exchange. | UMA defines an open-source protocol to create and verify trustless financial contracts, making it easier to create financial DApps. |
Token Stats
Company Description
Tokenomy is an Ethereum-based tokenization platform and exchange. It allows users to transform anything with value into a digital token, and then list it on their exchange. | The UMA token is used to enable holders to participate in community governance issues and to help resolve contract disputes on the UMA platform. UMA is designed to be a decentralized financial contracts platform, and is an abbreviation of Universal Market Access. Their goal is to build the financial infrastructure that will make creating decentralized financial services easier. UMA provides a variety of smart contract templates as well as a decentralized oracle that can be used to validate payouts related to financial contracts. |
