Tokens are digital assets created on blockchain networks that represent value, ownership, or rights within decentralized ecosystems. Tokens can serve various purposes, including as currencies, utility assets, governance rights, or collectibles. In Web3, tokens enable decentralized finance (DeFi), governance, and the creation of new economies. The growth of tokenization has empowered developers, investors, and communities to participate in new digital ecosystems, revolutionizing industries like gaming, finance, and supply chain.
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