Here’s how developers aim to store crypto inside NFTs

Developers have recently published an Ethereum Improvement Proposal (EIP) introducing a new way to use nonfungible tokens (NFTs). With this system, all NFTs can have a smart contract account, allowing them to store other NFTs or crypto tokens.  Cointelegraph spoke with Future Primitive’s Jayden Windle and Benny Giang, the authors of EIP-6551, to explain the use cases of the proposal and its implications for the crypto space. Jayden Windle and Benny Giang explain ERC-6551. Source: Cointelegraph  According to Windle, while there are a lot of complicated workings behind the feature,…

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Private equity tokens aim to bring greater liquidity, transparency and accessibility

As the burgeoning blockchain technology paradigm has continued to evolve, a whole host of unique asset classes have started to make their way into the mainstream. Private equity tokens are one such offering, serving as digital representations of ownership in private equity investments powered by a decentralized ledger.  These tokens enable fractional ownership, improved liquidity and simplified management of private equity assets. They are created through a process called tokenization, which involves converting real-world assets into digital tokens that can be bought, sold or traded on various platforms. Recent research…

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