digital assets

Digital Assets are created by emerging blockchain based companies when they raise capital through their Initial Coin Offering or more commonly known as ICO.  Tokens are very similar to stocks in that they represent ownership in the company that creates them.  Upon creation of the digital asset, the company specifies how many tokens are to be minted.  When the ICo occurs, similar to when an IPO occurs the company sells a portion of the minted coins to early supporters for a given price.  The amount to be distributed is normally announced prior to the start of the ICO.  This determination is made by the issuing company based on its forecasted needs for a given period.  This information is also laid out for contributors before the ICO.

The digital asset price multiplied by the total token supply would give you the total market capitalization of the company, theoretically equaling the value of the company.  Please remember that many of these companies are pre-revenue and to say that the market capitalization is a true representation of the worth of the company is difficult.  This obviously could be said of stocks and the companies related to them as well.

Blockchains that Support Digital Assets

While digital assets can be created on various blockchains, the vast majority are being created on Ethereum with the ERC20 token protocol.  Just to give you an idea here are the top five blockchains by number of tokens:

  • Ethereum – 72 tokens
  • Blockchain – 22 tokens
  • Bitcoin – 12 tokens
  • Lisk – 2 tokens
  • Omni – 2 tokens

We have provided a table below with the ten blockchain companies by market capitalization at the time of the publishing of this page. Just a note, we are using market cap based on tokens in circulation and not total supply available.  We feel this gives a better picture of the assets relative to the price per token.

 

 NameSymbolPlatformTotal Supply Circulating Supply 
golem
Golem

GNT

Ethereum

1,000,000,000

824,872,000
gnosis
Gnosis

GNO

Ethereum

10,000,000

1,104,590
augur
Augur

REP

Ethereum

11,000,000

11,000,000
maidsafe
MaidSafeCoin

MAID

Omni

452,552,412

452,552,412
digixdao
DigixDAO

DGD

Ethereum

2,000,000

2,000,000
ardor
Ardor

ARDR

Nxt

998,999,495

998,999,495
round
Round

ROUND

Ethereum

1,000,000,000

850,000,000
SingularDTV
SingularDTV

SNGLS

Ethereum

1,000,000,000

600,000,000
iconomi
Iconomi

ICN

Ethereum

100,000,000

87,000,000
tether
Tether

USDT

Omni

64,951,468

62,394,264
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