1596770640
A CEO’s Perspective: ‘What I’ve Learned From Building A Tokenization Platform’
When I co-founded Elitium in 2017, our mission was to create a platform that delivered a ‘next-level luxury experience’ enhanced by blockchain technology.
At the time, we didn’t have a precise idea of what next-level luxury would entail.
We just knew — thanks to the success of a crypto-payments solution built by my Elitium co-founder for Boatsters Black, another of my companies — that blockchain could enable a better experience in the luxury sector (an industry that’s been traditionally shy of innovation).
Over the last three years, the concept behind Elitium has become more concrete.
In no small part thanks to the many conversations I’ve had with people across luxury, finance, and technology — with each new encounter sparking a fresh idea.
One of these conversations happened during an event hosted by Boatsters at the 2019 Monaco Grand Prix.
I was chatting to a long-time friend named Jimmy, the owner of a 72m superyacht; we talked about The Serenity; I answered questions about Elitium.
At some point, the conversation shifted onto a thought:
—”What if we could somehow connect Jimmy’s yacht to the utility token we had created at Elitium?”
That was the first time I had ever considered looking into tokenization.
It Was Time To Learn — And Quickly
After all, The Serenity is a valuable asset.
It reflects the next-level luxury concept and, given it has an extremely profitable business model, it might have presented a compelling investment opportunity for early-adopters of the Elitium platform.
Moreover, early 2019 had seen the emergence of the ‘security token’ concept: of using the blockchain and cryptocurrency to create digital shares in real-world goods.
So Jimmy and I decided to research if we could use EUM to tokenize his yacht, selling a percentage of his stake to release capital — and redirecting a percentage of the yacht’s profits to token holders.
Then came our first big lesson.
**There’s no way to link an asset — like a yacht — to an existing utility token. **
Securities law dictates you have to create a separate security token every time you run a new digital share offering.
So I had a new mission.
I needed to find a white-label platform we could use to turn his yacht into a standalone security token. Six months of research led me to Switzerland, then across the USA.
I looked into every tokenization platform I could find — and my efforts culminated in three more insights:
- Existing solutions were expensive
- Most platforms were hard to navigate
- Every option lacked at least one key feature
There was only one thing left to consider.
If we really wanted to turn our idea into a reality, we might have to build our own solution.
But as I looked into the commercial side, I came to a conclusion. No matter the prestige of an asset like a yacht, its value will always decrease owing to depreciation.
Few investors will buy digital shares in an asset that’s only going to decline in value, even if the earnings-based dividends are secure — so Jimmy and I put our ‘yacht on the blockchain’ idea on hold.
But the tokenization concept burned like an ember in my mind.
I needed to find an asset with real financial prospects that could allow me to create a genuinely engaging tokenization proposition. Three months more research, and I finally settled on real estate.
“…Why real estate?” you ask
Well, because bricks in the ground developments (like luxury resorts in exclusive locations) offer the potential to deliver both capital growth and dividend payments.
There was the offer — now, it was time to get on and build.
#tokenization-top-story #luxury #cryptocurrency #good-company #blockchain
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1656151740
Test_cov_console: Flutter Console Coverage Test
Flutter Console Coverage Test
This small dart tools is used to generate Flutter Coverage Test report to console
How to install
Add a line like this to your package's pubspec.yaml (and run an implicit flutter pub get):
dev_dependencies:
test_cov_console: ^0.2.2
How to run
run the following command to make sure all flutter library is up-to-date
flutter pub get
Running "flutter pub get" in coverage... 0.5s
run the following command to generate lcov.info on coverage directory
flutter test --coverage
00:02 +1: All tests passed!
run the tool to generate report from lcov.info
flutter pub run test_cov_console
---------------------------------------------|---------|---------|---------|-------------------|
File |% Branch | % Funcs | % Lines | Uncovered Line #s |
---------------------------------------------|---------|---------|---------|-------------------|
lib/src/ | | | | |
print_cov.dart | 100.00 | 100.00 | 88.37 |...,149,205,206,207|
print_cov_constants.dart | 0.00 | 0.00 | 0.00 | no unit testing|
lib/ | | | | |
test_cov_console.dart | 0.00 | 0.00 | 0.00 | no unit testing|
---------------------------------------------|---------|---------|---------|-------------------|
All files with unit testing | 100.00 | 100.00 | 88.37 | |
---------------------------------------------|---------|---------|---------|-------------------|
Optional parameter
If not given a FILE, "coverage/lcov.info" will be used.
-f, --file=<FILE> The target lcov.info file to be reported
-e, --exclude=<STRING1,STRING2,...> A list of contains string for files without unit testing
to be excluded from report
-l, --line It will print Lines & Uncovered Lines only
Branch & Functions coverage percentage will not be printed
-i, --ignore It will not print any file without unit testing
-m, --multi Report from multiple lcov.info files
-c, --csv Output to CSV file
-o, --output=<CSV-FILE> Full path of output CSV file
If not given, "coverage/test_cov_console.csv" will be used
-t, --total Print only the total coverage
Note: it will ignore all other option (if any), except -m
-p, --pass=<MINIMUM> Print only the whether total coverage is passed MINIMUM value or not
If the value >= MINIMUM, it will print PASSED, otherwise FAILED
Note: it will ignore all other option (if any), except -m
-h, --help Show this help
example run the tool with parameters
flutter pub run test_cov_console --file=coverage/lcov.info --exclude=_constants,_mock
---------------------------------------------|---------|---------|---------|-------------------|
File |% Branch | % Funcs | % Lines | Uncovered Line #s |
---------------------------------------------|---------|---------|---------|-------------------|
lib/src/ | | | | |
print_cov.dart | 100.00 | 100.00 | 88.37 |...,149,205,206,207|
lib/ | | | | |
test_cov_console.dart | 0.00 | 0.00 | 0.00 | no unit testing|
---------------------------------------------|---------|---------|---------|-------------------|
All files with unit testing | 100.00 | 100.00 | 88.37 | |
---------------------------------------------|---------|---------|---------|-------------------|
report for multiple lcov.info files (-m, --multi)
It support to run for multiple lcov.info files with the followings directory structures:
1. No root module
<root>/<module_a>
<root>/<module_a>/coverage/lcov.info
<root>/<module_a>/lib/src
<root>/<module_b>
<root>/<module_b>/coverage/lcov.info
<root>/<module_b>/lib/src
...
2. With root module
<root>/coverage/lcov.info
<root>/lib/src
<root>/<module_a>
<root>/<module_a>/coverage/lcov.info
<root>/<module_a>/lib/src
<root>/<module_b>
<root>/<module_b>/coverage/lcov.info
<root>/<module_b>/lib/src
...
You must run test_cov_console on <root> dir, and the report would be grouped by module, here is
the sample output for directory structure 'with root module':
flutter pub run test_cov_console --file=coverage/lcov.info --exclude=_constants,_mock --multi
---------------------------------------------|---------|---------|---------|-------------------|
File |% Branch | % Funcs | % Lines | Uncovered Line #s |
---------------------------------------------|---------|---------|---------|-------------------|
lib/src/ | | | | |
print_cov.dart | 100.00 | 100.00 | 88.37 |...,149,205,206,207|
lib/ | | | | |
test_cov_console.dart | 0.00 | 0.00 | 0.00 | no unit testing|
---------------------------------------------|---------|---------|---------|-------------------|
All files with unit testing | 100.00 | 100.00 | 88.37 | |
---------------------------------------------|---------|---------|---------|-------------------|
---------------------------------------------|---------|---------|---------|-------------------|
File - module_a - |% Branch | % Funcs | % Lines | Uncovered Line #s |
---------------------------------------------|---------|---------|---------|-------------------|
lib/src/ | | | | |
print_cov.dart | 100.00 | 100.00 | 88.37 |...,149,205,206,207|
lib/ | | | | |
test_cov_console.dart | 0.00 | 0.00 | 0.00 | no unit testing|
---------------------------------------------|---------|---------|---------|-------------------|
All files with unit testing | 100.00 | 100.00 | 88.37 | |
---------------------------------------------|---------|---------|---------|-------------------|
---------------------------------------------|---------|---------|---------|-------------------|
File - module_b - |% Branch | % Funcs | % Lines | Uncovered Line #s |
---------------------------------------------|---------|---------|---------|-------------------|
lib/src/ | | | | |
print_cov.dart | 100.00 | 100.00 | 88.37 |...,149,205,206,207|
lib/ | | | | |
test_cov_console.dart | 0.00 | 0.00 | 0.00 | no unit testing|
---------------------------------------------|---------|---------|---------|-------------------|
All files with unit testing | 100.00 | 100.00 | 88.37 | |
---------------------------------------------|---------|---------|---------|-------------------|
Output to CSV file (-c, --csv, -o, --output)
flutter pub run test_cov_console -c --output=coverage/test_coverage.csv
#### sample CSV output file:
File,% Branch,% Funcs,% Lines,Uncovered Line #s
lib/,,,,
test_cov_console.dart,0.00,0.00,0.00,no unit testing
lib/src/,,,,
parser.dart,100.00,100.00,97.22,"97"
parser_constants.dart,100.00,100.00,100.00,""
print_cov.dart,100.00,100.00,82.91,"29,49,51,52,171,174,177,180,183,184,185,186,187,188,279,324,325,387,388,389,390,391,392,393,394,395,398"
print_cov_constants.dart,0.00,0.00,0.00,no unit testing
All files with unit testing,100.00,100.00,86.07,""Installing
Use this package as an executable
Install it
You can install the package from the command line:
dart pub global activate test_cov_consoleUse it
The package has the following executables:
$ test_cov_console
Use this package as a library
Depend on it
Run this command:
With Dart:
$ dart pub add test_cov_consoleWith Flutter:
$ flutter pub add test_cov_consoleThis will add a line like this to your package's pubspec.yaml (and run an implicit dart pub get):
dependencies:
test_cov_console: ^0.2.2Alternatively, your editor might support dart pub get or flutter pub get. Check the docs for your editor to learn more.
Import it
Now in your Dart code, you can use:
import 'package:test_cov_console/test_cov_console.dart';example/lib/main.dart
import 'package:flutter/material.dart';
void main() {
runApp(MyApp());
}
class MyApp extends StatelessWidget {
// This widget is the root of your application.
@override
Widget build(BuildContext context) {
return MaterialApp(
title: 'Flutter Demo',
theme: ThemeData(
// This is the theme of your application.
//
// Try running your application with "flutter run". You'll see the
// application has a blue toolbar. Then, without quitting the app, try
// changing the primarySwatch below to Colors.green and then invoke
// "hot reload" (press "r" in the console where you ran "flutter run",
// or simply save your changes to "hot reload" in a Flutter IDE).
// Notice that the counter didn't reset back to zero; the application
// is not restarted.
primarySwatch: Colors.blue,
// This makes the visual density adapt to the platform that you run
// the app on. For desktop platforms, the controls will be smaller and
// closer together (more dense) than on mobile platforms.
visualDensity: VisualDensity.adaptivePlatformDensity,
),
home: MyHomePage(title: 'Flutter Demo Home Page'),
);
}
}
class MyHomePage extends StatefulWidget {
MyHomePage({Key? key, required this.title}) : super(key: key);
// This widget is the home page of your application. It is stateful, meaning
// that it has a State object (defined below) that contains fields that affect
// how it looks.
// This class is the configuration for the state. It holds the values (in this
// case the title) provided by the parent (in this case the App widget) and
// used by the build method of the State. Fields in a Widget subclass are
// always marked "final".
final String title;
@override
_MyHomePageState createState() => _MyHomePageState();
}
class _MyHomePageState extends State<MyHomePage> {
int _counter = 0;
void _incrementCounter() {
setState(() {
// This call to setState tells the Flutter framework that something has
// changed in this State, which causes it to rerun the build method below
// so that the display can reflect the updated values. If we changed
// _counter without calling setState(), then the build method would not be
// called again, and so nothing would appear to happen.
_counter++;
});
}
@override
Widget build(BuildContext context) {
// This method is rerun every time setState is called, for instance as done
// by the _incrementCounter method above.
//
// The Flutter framework has been optimized to make rerunning build methods
// fast, so that you can just rebuild anything that needs updating rather
// than having to individually change instances of widgets.
return Scaffold(
appBar: AppBar(
// Here we take the value from the MyHomePage object that was created by
// the App.build method, and use it to set our appbar title.
title: Text(widget.title),
),
body: Center(
// Center is a layout widget. It takes a single child and positions it
// in the middle of the parent.
child: Column(
// Column is also a layout widget. It takes a list of children and
// arranges them vertically. By default, it sizes itself to fit its
// children horizontally, and tries to be as tall as its parent.
//
// Invoke "debug painting" (press "p" in the console, choose the
// "Toggle Debug Paint" action from the Flutter Inspector in Android
// Studio, or the "Toggle Debug Paint" command in Visual Studio Code)
// to see the wireframe for each widget.
//
// Column has various properties to control how it sizes itself and
// how it positions its children. Here we use mainAxisAlignment to
// center the children vertically; the main axis here is the vertical
// axis because Columns are vertical (the cross axis would be
// horizontal).
mainAxisAlignment: MainAxisAlignment.center,
children: <Widget>[
Text(
'You have pushed the button this many times:',
),
Text(
'$_counter',
style: Theme.of(context).textTheme.headline4,
),
],
),
),
floatingActionButton: FloatingActionButton(
onPressed: _incrementCounter,
tooltip: 'Increment',
child: Icon(Icons.add),
), // This trailing comma makes auto-formatting nicer for build methods.
);
}
}Author: DigitalKatalis
Source Code: https://github.com/DigitalKatalis/test_cov_console
License: BSD-3-Clause license
1623071647
NFT Token | NFT Token Creation Services | NFT Token Platform | NFT Development Platform
The NFT token creation services have disrupted the blockchain industry with its futuristic benefits offered for global users to explore and reap profits in less time. The NFT tokens are unique and built using the latest blockchain technology to gain users’ attention. Investors can approach Infinite Block Tech to gain assistance in developing a world-class NFT token platform.
#nft token #nft token creation services #nft token platform #nft development platform #nft development
1596770640
A CEO’s Perspective: ‘What I’ve Learned From Building A Tokenization Platform’
When I co-founded Elitium in 2017, our mission was to create a platform that delivered a ‘next-level luxury experience’ enhanced by blockchain technology.
At the time, we didn’t have a precise idea of what next-level luxury would entail.
We just knew — thanks to the success of a crypto-payments solution built by my Elitium co-founder for Boatsters Black, another of my companies — that blockchain could enable a better experience in the luxury sector (an industry that’s been traditionally shy of innovation).
Over the last three years, the concept behind Elitium has become more concrete.
In no small part thanks to the many conversations I’ve had with people across luxury, finance, and technology — with each new encounter sparking a fresh idea.
One of these conversations happened during an event hosted by Boatsters at the 2019 Monaco Grand Prix.
I was chatting to a long-time friend named Jimmy, the owner of a 72m superyacht; we talked about The Serenity; I answered questions about Elitium.
At some point, the conversation shifted onto a thought:
—”What if we could somehow connect Jimmy’s yacht to the utility token we had created at Elitium?”
That was the first time I had ever considered looking into tokenization.
It Was Time To Learn — And Quickly
After all, The Serenity is a valuable asset.
It reflects the next-level luxury concept and, given it has an extremely profitable business model, it might have presented a compelling investment opportunity for early-adopters of the Elitium platform.
Moreover, early 2019 had seen the emergence of the ‘security token’ concept: of using the blockchain and cryptocurrency to create digital shares in real-world goods.
So Jimmy and I decided to research if we could use EUM to tokenize his yacht, selling a percentage of his stake to release capital — and redirecting a percentage of the yacht’s profits to token holders.
Then came our first big lesson.
**There’s no way to link an asset — like a yacht — to an existing utility token. **
Securities law dictates you have to create a separate security token every time you run a new digital share offering.
So I had a new mission.
I needed to find a white-label platform we could use to turn his yacht into a standalone security token. Six months of research led me to Switzerland, then across the USA.
I looked into every tokenization platform I could find — and my efforts culminated in three more insights:
- Existing solutions were expensive
- Most platforms were hard to navigate
- Every option lacked at least one key feature
There was only one thing left to consider.
If we really wanted to turn our idea into a reality, we might have to build our own solution.
But as I looked into the commercial side, I came to a conclusion. No matter the prestige of an asset like a yacht, its value will always decrease owing to depreciation.
Few investors will buy digital shares in an asset that’s only going to decline in value, even if the earnings-based dividends are secure — so Jimmy and I put our ‘yacht on the blockchain’ idea on hold.
But the tokenization concept burned like an ember in my mind.
I needed to find an asset with real financial prospects that could allow me to create a genuinely engaging tokenization proposition. Three months more research, and I finally settled on real estate.
“…Why real estate?” you ask
Well, because bricks in the ground developments (like luxury resorts in exclusive locations) offer the potential to deliver both capital growth and dividend payments.
There was the offer — now, it was time to get on and build.
#tokenization-top-story #luxury #cryptocurrency #good-company #blockchain
1622549618
SafeMoon Clone | Token Development Platform like SafeMoon | SafeMoon Token Platform
The token development platform like SafeMoon is trending in the blockchain world. The SafeMoon token has great demand and value in the crypto market. The SafeMoon token platform is powered using smart contracts to handle overall transaction flow without any loss. Investors can contact a reputed Infinite Block Tech to get a ready-to-launch SafeMoon token platform at an affordable price to top the marketplace.
#safemoon token platform #token development platform like safemoon #safemoon clone #fundraising defi protocol like safemoon #fundraising platform like safemoon
1623328419
How to build an IDO platform for fundraising in the DeFi platform
Initial DEX Offering, a fundraising opportunity to the investors, abbreviated as IDO. IDO refers to the launching of the cryptocurrency in the decentralized platform to raise funding from retail investors. IDO provides the startup companies with an opportunity for an immediate fundraising model using the blockchain technology.
Benefits of IDO:
- Low cost of listing- gas fee
- Open and fair fundraising procedure
- Immediate trading and liquidity
- Automated market trading
- No risk of information an identity theft
- Secured listing platform
IDO platform development:
The question that arises in the reader’s mind is how to build an IDO platform? The answer is yes! The following steps do the development of IDO platform:
- Roadmap creation: A meaningful strategy and a clear roadmap about the business make investors invest in the platform.
- Devise your White paper: A well designed White paper makes the business earn a lot of money by dragging the investor’s attention.
- Development of the IDO tokens: The developers will assist you by developing the IDO token that is encrypted in the blockchain making it highly secure.
- Token listing: Launching the IDO token at the right platform is essential for the optimum trading of tokens.
- Marketing technique for better trading: This will make the listing process evident to many users to make them invest in the token.
- Governance tokens: The governance tokens enable the user to influence decisions regarding the project. It is an ideal authorization making the platform even more user friendly.
The support and service option will be provided by the company that you selected for the platform development.
Infinite Block Tech is prominent in designing and developing the DeFi platforms like IDO platform development. We provide a high-end security benefit for the IDO platform making the user a trouble free transaction.
#ido platform development #how to build an ido platform #ido platform for fundraising #defi platforms like ido