Company Group
22/08/2023
According to the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), Cryptocurrency is a digital data unit designed to be used as a medium for exchanging goods, services, and other digital assets or any other legal rights. With the user’s agreement, it can be used as a medium for exchanging goods and services. Currently, no central bank in the world can guarantee that cryptocurrency is legal tender. Bitcoin is the most well-known cryptocurrency, followed by Ethereum, Tezos, USDT, and others.
A digital token is an electronic data unit created to determine a person's right to invest (Investment Token) or the right to acquire goods and services (Utility Token) or other rights as agreed upon with the token issuer. Digital tokens may be offered as part of an Initial Coin Offering (ICO), a type of fundraising that employs blockchain technology. The company will offer and sell digital tokens that determine investors' rights or benefits, such as a portion of project revenue or the right to obtain a particular product or service. Furthermore, it necessitates investors who wish to participate in exchanging cryptocurrencies or money for digital tokens issued by the company with establishment and enforcement obtained through the Smart Contracts on Blockchain technology.
