Tag: token

A token is a digital asset that represents value, utility, or governance within a blockchain network. Tokens can be fungible (cryptocurrency) or non-fungible (NFTs), serving various roles in DeFi, gaming, and Web3 applications. Investors analyze tokenomics, token supply mechanics, and staking incentives to assess long-term viability. Ethereum-based ERC-20 tokens dominate the market, while newer standards like BEP-20 (Binance Smart Chain) and SPL (Solana) tokens expand blockchain interoperability. Tokenized assets, including real estate, equities, and commodities, bring blockchain adoption to traditional finance.