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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.

AIRDROP Xena Exchange (BTC)Value : ~Up to $ 1000

18 May 2019 1 minute read 0 comments kyanh

Xena Exchange is operated by Xena Financial Systems UK, incorporated in London. It's probably the most advanced exchange ever. The company was founded by previous employees of well-known investment banks and technology companies such as J.P. Morgan,...


7 May 2019 4 minute read 0 comments Patrickcharles156

INTRODUCTION TO VEIL   Veil is an exceptional undertaking on blockchain network intends to incorporate and embrace the best obscurity technologies which will help in turning into the best cryptographic money that gives dependably on-protection witho...

Earn Free Bcnex Tokens: Bcnex Exchange

26 Apr 2019 2 minute read 0 comments globetrotter

Bcnex is a very established Exchange in the Forex since 2006 in Vietnam. Its good to see that they have finally stepped into the crypto market with a bang. They have legal status in Vietnam and they are offering it to the rest of the world with motiv...

Solo Ad #1 Get 500 Free AVT tokens Today

23 Apr 2019 1 minute read 0 comments Alidervash

The Advertising Token is doing a huge Airdrop right now! Signup today and receive 500 FREE AVT Tokens. The ICO will launch Round 1 on April 3rd, 2019. The AVT token will become a name brand crypto token in the advertising world. Once the ICO is com...

Get in on the confirmed Grass Airdrop now!

2 Jan 2024 1 minute read 0 comments Sajjad570

Hey guys let's look at Grass network in today's post, it's airdrop is confirmed by the team so get in while there's still time. Grass stands out as a pioneering network-sharing application, empowering users to monetize their underutilized bandwidth....

Claim Free Ethereum Airdrop available to almost all wallets

14 Jan 2022 1 minute read 0 comments Banshee

Take part in the current airdrop by This airdrop is available to all Ethereum wallets that have spent over .05 Eth on Gas. If you have been using the Ethereum blockchain you are likely eligible for this airdrop.   Airdrop Claim Steps: 1. Go...

😍 3 Top-Performing DeFi Projects to Watch for Potential Token Launch and Airdrop

28 Jan 2021 4 minute read 0 comments

  Starting from Compound, liquidity mining has become a must for DeFi projects to attract users’ attention. Oh, not “user”, we should call it “farmer” which is an occupation that people are envious of in the dapp industry. For DeFi Projects, it has...

Yfatom Finance (YFATM) AirDrop! Reward 0.35 YFATM ($40)!!! Total Supply: 15,000 YFTAM!!!

15 Oct 2020 1 minute read 0 comments Airdrop Dedective

Airdrop  Rewards: 🚀 Yfatom Finance (YFATM) Airdrop 🎁 Reward: 0.35 YFATM ($40) 🗣 Referral: 0.088 YFATM ($10) 🏦 Remarks: Will be listed on Uniswap 🔘 Rate: ⭐️ ⭐️⭐️⭐️⭐️ 👉  Start claim here ✔️  Join Airdrop  ✔️  Join telegram group & channel  ...

FnaticX Airdrop Round 3 - Earn $40 worth of FNX!!!

11 Oct 2020 1 minute read 0 comments Airdrop Dedective

🚀 FnaticX Airdrop Round 3 FnaticX Token is one of the Best token Used as Payment for the Utility Services .Our Token"FnaticX" will be used for utility services like D2h and mobile recharges. Providing utility services  will be the best as there are...

360DAPP Airdrop: This looks pointless

30 Sep 2020 2 minute read 5 comments belemo

If there's something I've learnt from crypto space, it is that there's no such thing as too many airdrops. However, it gets to a point when you start to think that maybe this shit is becoming too much. Take this 360DAPP coin that I claimed the other...