CRYPTO
LAND FUND

Crypto Land Fund GmbH became the beneficiary of Guinea Gold Trust on June 01, 2018. Since June 15, 2018 direct investment in the crypto currency will be ceased and the cases have been canceled. Investors, who bought cases before June 15, 2018 will receiveprofit in accordance with existing rules till the cases terms expiry. New investors will be able to buy Guinea Gold Trust Units and invest them in the projects below:

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CRYPTO LAND FUND GmbH

According to many insiders analysts, the Crypto Land Fund project will already take the first place by the end of 2018, as the most perspective and thoughtful one. And already in 2019 will be no equal projects to it.

We offer the own and Guinea Gold Trust projects

Gold Project

We invest in gold mining


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Energy Project

We invest in sea wave energetics


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CryptoLandFund

Cryptocurrency Project

We invest in Cryptocurrency


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Real Estate

Coming soon


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Tokens in General and in Cryptocurrency

The concept of the term token in general: Generally speaking, the term “token” describes something that is a stand-in for something else.


The concept of a token and currency/value/moneytokens: A currency token (or value token or money token) is representative of an amount of a currency (or more generally value or money), be it a dollar billin digital or paper form, which represents $1, or a Bitcoin which represents 1BTC worth of value. Thus, both dollars and cryptocurrencies are currency tokens / value tokens / token moneyin this sense (they represent value and can be used as currency / money; but aren’t themselves inherently of value beyond their exchange value).


The concept of utility tokens: Not every token needs to be a stand-in for currency/value/money. Tokens can also be used in other ways. For example, Filecoin‘s tokensprovide users with access to a decentralized cloud storage platform (in this respect some tokens work as coupons or tickets for x amount of a certain good or service). Being a currencyis a utility, but in theory not every utility has to revolve around trade and value.


Tokens in computer security: In terms of computer security, a “token” is a type of encrypted data where an algorithmically generated string of data acts as a stand-infor the original data. This avoids having to send even an encrypted version of real data across the internet. The concept being that the token relates back to real data, it doesn’t containreal data. Many digital payment systems and other types of digital systems use this type of token, including Apple Pay, Square, Credit Card companies, and cryptocurrencies.


ERC-20 Tokens (and other such tokens): “Token” has another meaning in cryptocurrency specifically. People often also use the term “token” to describe altcoins (cryptocurrencyalternatives to Bitcoin) that exist on another coin’s platform instead of existing on their own platform. Ethereum and NEO have tokens of this type, as do other platforms. Most commonlythen, here using the most popular of these platforms Ethereum as an example, “token” would refer to any ERC-20 tokens built on the Ethereum platform that aren’t the native token Ether(or any NEO-based tokens that aren’t NEO, etc).


Again, in cryptocurrency, the term “token” general refers to all these things at once… and does so somewhat loosely.


NOTE: One-way cryptographic hash functions are used to create tokens. A hash function takes any amount of data and then creates an encrypted fixed length string of data.In general, cryptocurrency uses cryptographic hash functions for many things, including the creation of tokens.



Tokens in Cryptocurrency in Terms of Encryption

In cryptocurrency, in terms of encryption, a “token” or “cryptocurrency token” is tokenized data relating to transactions that can be sent across the internet and stored (for example on a blockchain) without jeopardizing sensitive data.


The idea being that each token is unique and corresponds to important data used to create a transaction (like a private key) but doesn’t contain that data specifically (so it can be shared publicly without jeopardizing the information). It is “a hashof the transaction” (and thus is a unique code that relates back to a specific transaction without containing sensitive information about it).


This allows people to confirm ownership of Bitcoin on the public ledger (aka the blockchain; which is public record), without sharing sensitive information.


The result is that the Blockchain is full of tokens of this type sitting next to public transaction data. A token (of the encrypted type) identifies the transaction and is created by thesender automatically, and the rest of the transaction data is recorded along with it.


In cryptocurrency, the “token” people are generallyreferring to when they say “token,” is one described above PLUSthe concept of a currency token / value token.


In a way the term is being used loosely, as people aren’t saying“oh look, I own a TXID.” They mean, I own the rights to theBitcoin as denoted on the ledger (as confirmed by my knowledgeof the private keys which provided the signature which createdthe TXID, which relate back to the wallet address, which relatesback to transactions on the blockchain).


TIP: The TXID token isn’t the only token used in cryptocurrency. Each block contains a timestamp token for example. Meanwhile, a Bitcoin address can be described as “atoken.” Bitcoin is encrypted six ways from Sunday, lots of hashes are created, some hashes are also well described as tokens, and then on top of that Bitcoin is a token of value. Lotsof token going on, so people tend to refer to cryptocurrencies as tokens (thereby sort of giving the term an additional meaning in general in cryptocurrency).


TIP: As you can see above, when a transaction is sent some information is encrypted and other information isn’t. A token is sent along with public addresses and amountssent. The token is like a unique identifier for the transaction. To see a visual of this, see: blockexplorer.com/.

The Bottomline

In cryptocurrency the term token doesn’t mean one thing, it refers to many things at once. In all cases, a token is “a stand-in for something else.”


A token is an encrypted string of data that points to data without actually containing the original data. And in cryptocurrency specifically, a token is an encrypted string of data that getscreated when a person creates a transaction. This string identifies the transaction and is generally stored on the blockchain… so people sometimes call cryptocurrencies “tokens.”


In this respect Ether is the native cryptocurrency token to the Ethereum blockchain and Bitcoin is the native cryptocurrency token to the Bitcoin blockchain (where a blockchain is a digitalledger of transactions, and those transactions are tokenized and added to the blockchain as tokens).


What is the difference between a cryptocurrency and a token: Essentially there is no difference between a cryptocurrency and a token on one level, as the term token generally describes anycryptocurrency. There is only a difference in term of semantics when people use the term token to refer to security tokens specifically or specifically to tokens built on another platformlike ERC-20 tokens on the Ethereum platform.

A Re-Summarization of Tokenization

Here are a few other points that will help you understand everything “token” means:


  • To re-summarize the above, a token describescryptocurrency in general and refers to the fact thatcryptos are both value tokens and use strings of datacalledtokens.
  • In computer security,a token is a type of encrypted data that allows onlya encrypted token that leads back to the original data(but not the original data) to be sent andstored, cryptocurrency tokens are simply tokens that represent transactions to be recorded on a digital ledger called a blockchain, and sometimes the termtoken is used to describe tokens that exist on a blockchain that aren’t the native token (for example, ERC-2o tokens on the Ethereum network).
  • If you just sent unencrypted data across theinternet it would not be secure.So instead of doing that, information is encrypted. One method of encryption is “tokenization.” A tokenized string of data can then be sent and stored securely. Credit card companies tokenize data, email tokenizes data, Square, Apple, Google, and PayPaltokenize data, almost all computer security involves the tokenization of data, cryptocurrency tokenizes data, two factor authentication uses tokens, you see tokens in URLs when youare doing online shopping, etc. In cryptocurrency specifically, much of the data sent between public addresses via wallets and stored on the blockchain is tokenized data.
  • End-to-end encryption encrypts data at the originand then decrypts it at its destination. Tokenizationencrypts data at one point and then leaves it encrypted(it is one-way encryption).Both are types of encryption, but tokenization has a specific meaning. With tokenization the data stored and sent is never stored or sent in its real form, it is always stored and sent in a tokenized (encrypted) form. With end-to-end, the real data issent in an encrypted form, but then can be deciphered at the end point.
  • All cryptocurrencies can be referred to ascryptocurrency tokens,and the terms coin, cryptocurrency, and token can all be used interchangeably (although, see the next point). Do you own a digital asset? Then you can say you have X balance of X token.
  • Even though the last point is true, that the terms token and cryptocurrency can be used interchangeably, a cryptocurrency is more than just a token. Firstly,a cryptocurrency is a digital ledger of transaction data(which in with most cryptocurrencies is called ablockchain). Secondly, a cryptocurrency is the encryptedtransaction data (the tokenized transaction data) thatgets sent between peers and added to the ledger. Third,there is more than one type of token created in theprocess of sending and storing cryptocurrencies.
  • In other words, there is a lot of tokenization going on in cryptocurrencies, and understanding each type of token means going through the Bitcoin and Ethereum wikis and picking apart each aspect of how cryptocurrencies work (where you’ll find pages on token contracts, time stamp tokens, transaction tokens, and even the conceptof money).

    For more information on this specific type of tokenization common to payment systems from Square, to Apple Pay, to Bitcoin see Square’s “PaymentTokenization Explained.

BOTTOMLINE:With tokenization real sensitive data is never sent or stored, only an algorithmically generated number called a token is sent and stored. Thus, in cryptocurrency private data that shouldn’t be public is never directly stored on the blockchain or sentthrough the internet, only tokens that correspond to the original data are sent and stored. This method of encryption is common with cryptocurrency and many payment systems like Square,Credit Card companies, and Apple Pay for example.

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