Tokens are created and distributed on a blockchainAs a distributed ledger technology (DLT), a blockchain is a digital ledger that can create an immutable record of transactions.... and can represent a variety of assets or utilities, including commodities, loyalty points, in-game items, and currencies. Tokens are digital assetsDigital assets are items of value that can be stored and traded electronically, including cryptocurrencies, tokens, smart contracts, and other... built atop smart contractSmart contracts are computer programs that facilitate self-execution and self-enforcement of digital contracts and agreements without third-party intermediaries (such as... platforms and tokenized through initial coinA coin is a digital value stored on a blockchain. Some blockchains name both the network and the coin identically... offerings (ICOs). Users holding tokens have the ability to participate in the issuing parties’ network or product.
