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2.1.13 Decentralized Autonomous Organizations Decentralized Autonomous Organizations or DAOs are organizations controlled by token holders, similarly to shareholders. The tokens issued by the DAO enable their respective owners to vote on matters about the development of the organization and make decisions. Therefore the deci- sion taking process is automated and a consensus is reached among the participants. The tokens are transferable and the governance of the DAO is decentralized. 2.2 Ethereum Tokens There are various types of tokens that can be built on Ethereum, usually used in DApps. Tokens can be understood as an asset that lives on the blockchain, which can be stored or managed using Ethereum addresses and smart contracts. 2.2.1 ERC-20 standard ERC-20 tokens can be defined as a group of identical tokens, all with the same properties. They follow the ERC-20 standard which includes a common set of rules for creating and managing fungible tokens. The use of ERC-20 tokens enables the creation of small economies that have liquid markets for different use cases. 2.2.2 Trading ERC-20 tokens ERC-20 tokens can be traded on multiple types of platforms such as: • Regular exchanges • Decentralized exchanges • Automated liquidity pool which can enable seamless token swaps using Au- tomated Market Making algorithms to determine the price of buying ERC-20 tokens. More about ERC-20 tokens will be discussed in the DeFi subsection. 2.2.3 ERC-721 standard On the other hand, ERC-721 tokens are Non-Fungible Tokens (NFT). This implies that each token has a unique set of properties and values associated with it. [32] Being unique makes ownership more desirable especially in the case of highly- sought after tokens. The ERC-721 standard is an interface that each smart contract which creates ERC-721 tokens has to implement. [32] There are multiple functions that enable interaction with NFTs such as: • Finding the owner adderss of an ERC-721 token • Approving the transfer of an ERC-721 token. Each address that we want to transfer to to be approved before initiating the transfer. 12PDF Image | NFT finance Leveraging Non-Fungible Tokens
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NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
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