Good evening, fellow mates! As we buggled our mind, and not so clear thoughts passing us. What really is the Bitcoin Token? And what is the purpose of it?
Crypto tokens represent a particular digital asset and tradable asset or a utility created over an initial coin offering (ICO) that is often found on a blockchain.
Crypto tokens, which are also stated crypto assets, are special kinds of virtual currency tokens that reside on their own blockchains and represent an digital asset or utility. Most often, they are used to fundraise for crowd sales, but they can also be used as a substitute for other things.