An introduction to crypto tokens; Everything you need to know
A crypto token is a digital representation of value or a digital asset that exists on a blockchain. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which serve as mediums of exchange or stores of value, tokens are often designed with specific purposes in mind, beyond simple transactions. They can represent ownership, and access rights, or even serve as units of utility within certain platforms. These tokens have become integral to a variety of applications, from enabling decentralized platforms to powering unique digital assets.
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