A team tokenTokens are created and distributed on a blockchain and can represent a variety of assets or utilities, including commodities, loyalty... Read More is a digital asset that represents and incentivizes participation in a specific blockchain projectA blockchain project is a digital ledger to record and track data. Although the software used to manage such a... Read More. Project founders often issue team tokens during the early development phase of a project to finance ongoing operations or future growth. Team tokens may grant holders voting rightsVoting rights on a blockchain refer to an entity's ability to participate in blockchain governance decisions. Read More or other benefits on the underlying platform.