- What is a token, how it differs from a cryptocurrency, how are used various tokens, how they are bought, stored, and become a source of income. We will also look at which tokens are most likely to “shoot” in the near future.
- A token is a digital certificate that confirms the rights of the holder and imposes obligations on the company. It is usually compared to a stock that is not traded on the stock market, but on the cryptocurrency market.
An analogy is also often drawn between tokens and tokens that give the right to perform some action, for example, to ride the subway or ride the park’s attraction. Such tokens replace fiduciary money and have a certain value, but they can only be paid in a specific place.
Still sometimes there is a definition of a token as a digital key in the blockchain. It is needed to ensure security and check the user’s rights to access the network. However, this value is used by technical specialists and developers, and ordinary people understand a financial instrument as a token.
