MICROSOFT TOKENS ON ETHEREUM BLOCKCHAIN

Microsoft Azure, which is a cloud platform owned by Microsoft and based on blockchain, made an announcement about their new crypto non-fungible token that is created to repay their developers. The tokens look like animated badges and aspire to compensate for good performance in the Azure community.  Microsoft also made a statement on the 4th of December that all of these tokens are limited in amount varying from 100 to 10k units.

The company stated that Azure Heroes wants to give rewards to those community members for having a positive impact. This includes creating sample codes, demos, coaching and blogging on the topic of Azure Heroes. People that contribute to the community will be recognized by badges in numerous categories.

The non-fungible tokens were built on the Ether blockchain network alongside with Enjin, a startup for creating suites for blockchain-based products. These new tokens will be created each season and they will be allocated by a QR code which enables the receiver to install the crypto wallet.

In order to receive this token, the individual should be chosen for it, which the person can do themselves. Those developers, who’s influence on the community was verified, will receive the badger.

The type of tokens that Microsoft will use is non-fungible tokens (NFT). These are crypto tokens based on the blockchain technology that are created uniques and irreplaceable. These tokens are used most of the time for collecting purposes online. One of the biggest and most famous examples is Cryptokitties.

Along with Microsoft as well as Eidos, Fabled Lands, a gamebook company, will be working on an online card game based on the blockchain technology. The game will be based on a gamebook by the name of “The Way Of The Tiger.”

 

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