Our three main projects
ITSA aims at promoting the development and implementation of comprehensive market standards for blockchain- and DLT-based cryptographic tokens.
International Token Identification Number (ITIN).
International Token Classification (ITC) framework.
International TokenDatabase (Tokenbase).
What is ITIN?
So far, tokens and exchanges chose ticker symbols deliberately. As a result, the same token might trade under different ticker symbols on different exchanges, or different tokens might even be listed under the same symbol. For instance, Bitcoin trades under the symbols XBT, BTC, or BTX. This practice is confusing and represents a risk for investors and other market players.
The International Token Identification Number (ITIN), is an open market standard for the safe and secure identification of cryptographic tokens and their use in DeFi and NFTs across blockchains. Its large implementation will drastically increase transparency and reduce operational risks.
What is ITC?
The International Token Classification (ITC) is a framework for classifying cryptographic tokens according to various different dimensions. It is already applied to the top 1000+ tokens and will be continuously updated and extended through the classification of more tokens as well as the addition of further dimensions and classes.
Currently, the ITC includes ten dimensions, covering economic, technological, and legal aspects.
What is Tokenbase?
Tokenbase builds upon the ITIN and the ITC, and it is continuously extended and updated. It provides extensive time-series data for the analysis of the top 1000+ cryptographic tokens (including DeFi tokens, NFTs, stablecoins, DAO governance tokens, etc.) already identified through an ITIN and classified in the ITC. The dataset includes, amongst others, daily prices, trading volumes, and information on the market capitalization of each token and is based on data from more than 30 exchanges. Moreover, it contains information on the social media presence of each token and its codebase (e.g., through Github).
The Future is Multi-ChainWith the rise of Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and cross-chain operability, ITSA has recognized the even more important role of token identification and classification. The number of layer one blockchains is constantly increasing and we are witnessing the emergence of layer two solutions for Ethereum. Unlike today's business models where all information rests in data silos, tokens will be able to exist on multiple blockchains. Ensuring that every token is uniquely identified and classified is an ever-increasing challenge for businesses, researchers, investors, and regulators. ITSA aims at bringing common identification and classification standards for tokens of any kind.
See how our Members build Solutions with the help of our Tokenbase
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Become a Member
ITSA provides multiple sets of databases. Some offer free access; others are only available for ITSA members. In addition, members benefit from actively participating in working groups, networking events, and community calls. By being part of ITSA, you shape the future of token standardization.