Rapid Insights: Examining Azuki’s Scan-To-Own Narrative
Quick Take
- Rapid Insights provide a deeper analysis of the current crypto landscape in a timely fashion.
- Chiru Labs has launched an open-source token standard that bridges the physical and digital worlds.
- Coined Physical Backed Token (PBT), the standard integrates a cryptographic chip that allows for a more persistent physical-digital product link.
- This initiative could reinvigorate its decaying business model that has taken a hit from vanishing royalty revenues.
- Disclaimer: This is a market commentary research piece and includes opinionated views from our research team. Nothing contained in this piece constitutes a solicitation, recommendation, endorsement, or offer by The Block Research
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Author: Thomas Bialek
