What we do

The International Token Standardization Association (ITSA) e.V. i.Gr. is promoting the development and implementation of a standardized approach for the identification, classification and analysis of blockchain- and DLT-based cryptographic tokens.

Identification

International Token Identification Number (ITIN)

Assigning a 9-digit alphanumeric identifier to all types of cryptographic tokens for an unambiguous identification, decreased operational risk and increased transparency.

Classification

International Token Classification (ITC)

Creating a flexible and extendable framework for the classification of all kinds of cryptographic tokens according to various different dimensions (economic, technological, legal, etc.).

Analysis

International Token Database (TOKENBASE)

Providing reliable qualitative and quantitative data on +800 cryptographic tokens from +30 exchanges for business and academia in varying granularity and with optional extensions by adjunct data providers.

While the overall goal of token market standardization is clear, project motivation and sub-goals are diverse.

While the overall goal of token market standardization is clear, project motivation and sub-goals are diverse

International Token Classification (ITC)

The International Token Classification (ITC) is a framework for classifying cryptographic tokens according to various different dimensions (see below for the first 4 dimension). It is already applied to the top 800+ tokens and will be continuously updated and extended through the classification of more tokens as well as the addition of further dimensions and classes.

The International Token Classification (ITC) framework features distinctive advantages over other frameworks

Currently the ITC includes four dimensions (version 1.0), covering economic, technological and legal aspects

Version 1.0 of the ITC offers in total four dimensions,

With the ITC framework ITSA aims at creating a holistic standard for the classification of tokens in order to support regulators, investors, researchers and entrepreneurs in navigating the global token economy. Each ITC dimension includes highly detailed classes, which can be broken down even further in the future

Sample snapshot of the current ITC framework dimensions and their respective classes:

The four dimensions of the ITC V.1.0 describe the major

The ITC framework provides detailed definitions for the individual classes of each dimension

The ITC framework provides detailed definitions for the individual categories and sub-categories of each dimension

ITC Classification Example: Bitcoin (BTC)

itc_bitcoin

International Token Identification Number (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 be even listed under the same symbol. For instance, Bitcoin can either be found under the symbol XBT, BTC or BTX. This is not only confusing and but also represents a risk for investors and other market players.

With the International Token Identification Number (ITIN) ITSA is developing and implementing an open market standard for the safe and secure identification of cryptographic tokens. Its large implementation will drastically increase transparency and reduce operational risks.

The structure of the International Token Identification

International Token Database (TOKENBASE)

TOKENBASE builds upon the International Token Classification (ITC) and the International Token Identification Number (ITIN). It provides extensive time-series data for the analysis of the top 800+ cryptographic tokens already identified through an ITIN and classified in the ITC. Like the ITC, it is continuously extended and updated. The dataset includes amongst others daily prices, trading volumes or information on the market capitalization of each token and is based on data from more than 30 exchanges. Moreover, it contains information on social media presences of each token as well as its codebase (e.g. through Github).

TOKENBASE builds upon the ITC classification work

Sample from the TOKENBASE

TOKENBASE sample statistics: a majority of the top

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