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A token is a unit of value that represents multiple facets, such as monetary value, voting influence et al, in a blockchain network. Blockchains do not necessarily need a token to function - IBM’s Fabric and R3’s Corda are examples of two blockchains that eschew tokens. 

Although blockchain networks can function without the need for a token, these networks lose much of the benefits that come with the use of a token - user incentivization, for example. However, it is true that some enterprise level permissioned networks would gain benefit from simply deploying a distributed ledger without a token.

Several kinds of tokens exist, though they have informally been categorized as being either utility tokens or security tokens. Utility tokens are those that let a user further avail a platform’s services or products - Basic Attention Token (BAT) is a good example of a utility token. Security tokens are more like traditional investments - these tokens are those for which the user expects some kind of return after a period of time.  

Another important element of a digital token is the fact that it can be used as a virtual representation of a physical or traditional asset, such as gold, real estate and commodities. This has several benefits for the investor. 

By tokenizing a piece of land or gold into fractional, digital units, it allows investors to make a fractional investment in the asset, affordably and conveniently, as they do not have to pay a large sum or worry about maintenance and possession. This is perhaps the most discussed property of tokens.

Sorting out decent Crypto

16 Mar 2022 3 minute read 0 comments Alther

Crypto has created many choices in it for consumers who are willing to learn, benefit and develop themselves to face the era of decentralized globalization. There are many points to choose from, whether it's Coin, Token, NFT, DeFi, or development in...

3air Compared to Current Internet Alternatives

9 Mar 2022 6 minute read 0 comments Itinerantur Bosniacus

    The current state of connectivity in African countries   Currently, only about 46% of the African population has any access to Internet, with most of them relying on mobile connectivity (EDGE and 3G networks) to get online. Connectivity levels a...

Ambire CEO Ivo Georgiev: $WALLET Is the First governance Token for a Mass-Consumer Wallet

28 Feb 2022 7 minute read 0 comments Vanina

To celebrate the launch of the WALLET token on Huobi, the exchange hosted a special AMA (Ask Me Anything) session on their official Telegram chat. The discussion shaped out to be very valuable, so we are sharing it with you here in case you miss...

Cdog Foundation

27 Feb 2022 1 minute read 0 comments cowardlycdog

  COWARDLY DOG   Dedicate to all canine and feline friends of the street that for unknow reasons the sun still does not shine for them.   Oriented community that supports the beneficiary campaign for them. cdog foundation is based on imparting a co...

How to add any token to your Metamask

21 Feb 2022 1 minute read 2 comments DimitarM

In continuation of the topic of hidden tokens to your Ethereum wallet, here is how you can add any existing token to show in your Metamask wallet. Once you identified the token you want to add from the Blockchain explorer: Just go ahead and click on...

Punk Mambo - Valiants' First Character Drop

20 Feb 2022 1 minute read 0 comments AskingAndQuestioning

The time has come, and for anyone owning a Valiant Universe Season 1 Mint Pass, you can now mint your first of six NFTs, only paying gas fees! The Valiant team has been hard at work building their unique metaverse, and play-to-earn game. These chara...

What Is a Semi-Fungible Crypto Token? (part I)

15 Feb 2022 1 minute read 0 comments Notum DeFi App

So, we've already revealed what is hiding behind those strange words — a crypto coin, a token, an NFT, but wait, there is something else we've almost forgotten to talk about! That's an SFT, or a semi-fungible token. We'll definitely find out some fru... Review

6 Feb 2022 2 minute read 0 comments Chupitorras

Recently I've been investigating a website dedicated exclusively to play to earn games. But it's not just any site, it's an excellent website where you can consult more than 900 games with their respective projects. Not all of them are available to p...

BitTorrent in Focus, the upcoming decentralized file sharing king?

28 Jan 2022 2 minute read 2 comments Austras

Decentralisation is the corner stone of crypto. No-one has true control of the system or blockchain. This idea is nothing new, projects such as today's focus Bittorrent can be found all the way back in 2001. But with Tron's fairly recent acquisition...

Token VS Coin

21 Jan 2022 4 minute read 3 comments Notum DeFi App

It sounds like there is no difference between tokens and coins at all, but it actually exists. It could be puzzling and challenging to understand that without a simple and clear explanation, so that’s why we’ve decided to write one.    What is a toke...