# Сопутствующие статьи по теме Token

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Token", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Token Going Global: Selling China's Electricity to the World

The article "Token Goes Global: Selling Chinese Electricity to the World" draws a parallel between the 19th-century British Empire's control over global telegraph networks and China's emerging dominance in AI model-based token consumption. By 2026, data from OpenRouter shows Chinese models (like MiniMax M2.5, Kimi K2.5, and GLM-5) account for 61% of the top ten models’ token usage, driven by significantly lower costs—sometimes 17 times cheaper than Western alternatives. This shift accelerated with tools like OpenClaw, which increased token consumption exponentially, leading developers to seek affordable alternatives. Chinese models offer competitive performance at a fraction of the price, thanks to lower electricity costs, efficient MoE architectures, and intense domestic competition. The core idea is that token consumption represents a new form of “electricity export.” While physical electricity remains in China, its value is delivered globally via tokens—avoiding traditional trade barriers. This mirrors China’s earlier role in Bitcoin mining, but tokens now offer more practical, embedded value in developer workflows. However, challenges like data sovereignty and U.S. chip restrictions remain. The situation is framed as a new strategic competition between the U.S. and China, akin to the space race, where control over AI infrastructure could shape global digital influence. The token-driven battle is ongoing, silent, and fought on every developer’s machine.

marsbit6 ч. назад

Token Going Global: Selling China's Electricity to the World

marsbit6 ч. назад

Staking Tokens for Equity: How Does Backpack's 'Users Become Shareholders' Work?

Backpack, a Solana-based wallet and exchange platform founded by ex-FTX member Armani Ferrante, has announced a novel staking-to-equity conversion plan. Users who stake the platform’s native token for at least one year can exchange it for real company equity at a fixed ratio, with 20% of equity reserved for this purpose. The platform emerged after FTX’s collapse, having lost 80% of its initial funding from FTX Ventures. It gradually built a user base through its Mad Lads NFT collection and later expanded into exchange services, securing regulatory licenses in Dubai and Europe. Backpack tokenomics includes a total supply of 1 billion tokens, with 62.5% pre-IPO allocation. The TGE will release 250 million tokens, entirely distributed to users. The project is also negotiating a $50 million funding round at a $1 billion valuation. This dual-token-and-equity model presents regulatory challenges, particularly from the SEC, which may view tokens as securities. The structure risks conflicts between token holders and equity investors. While unprecedented in crypto, Backpack’s team includes former Coinbase advisors who had previously explored similar token-equity hybrid models. This approach aims to transform users into legal co-owners, offering an alternative to the typical “peak at launch” token model. It remains a high-stakes experiment in regulatory and economic design.

比推Вчера 14:46

Staking Tokens for Equity: How Does Backpack's 'Users Become Shareholders' Work?

比推Вчера 14:46

HashKey Exchange to List HSK, Enhancing the Compliant Circulation Path for the Group's Ecosystem Token

HashKey Exchange, Hong Kong's largest licensed digital asset exchange, will list HSK, the HashKey Group ecosystem token, on February 25th at 16:00 Hong Kong Time. Trading will be available exclusively to eligible professional investors. Deposit and withdrawal services for HSK are now active via HashKey Chain or the Ethereum network (ERC20). This listing marks HSK's official entry into a Hong Kong licensed trading platform, enabling regulated trading and circulation. As the native token of HashKey Group, HSK supports the Group's diverse business operations, which include licensed trading, investment and asset management, tokenization, and infrastructure services. It also functions as the native token for HashKey Chain, where it is used to pay for Gas fees. HashKey Group stated it will continue to advance its ecosystem and infrastructure development within regulatory frameworks, focusing on transparency and long-term growth to expand institutional-grade digital asset applications. Michelle Cheng, Director of HashKey Exchange, emphasized that the listing aims to enhance HSK's trading channels and liquidity, supporting broader ecosystem development in response to growing market demand for compliant and auditable blockchain infrastructure. HashKey Exchange, a subsidiary of HashKey Holdings Limited (3887.HK), is one of Hong Kong's first licensed retail virtual asset exchanges, holding Type 1, Type 7, and VATP licenses from the SFC. It is ISO 27001 and ISO 27701 certified and does not serve users in Mainland China, the U.S., and certain other jurisdictions.

marsbitВчера 06:33

HashKey Exchange to List HSK, Enhancing the Compliant Circulation Path for the Group's Ecosystem Token

marsbitВчера 06:33

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