TOKENOMICS: What Is A Token? Digital Assets, Tokenization, The Token Economy, Distributed Ledgers, Blockchains, Utility, Security, Crypto & Asset Tokenization
The astonishing expansion of the cryptocurrency business over the last couple of years has attracted a large number of individuals, both investors, and spectators. While some saw a potential chance to make money quickly, others took a more methodical approach, reading and learning about the industry.
At fairs and festivals, you would trade cash for a token that could be used for food, beverages, or rides. Similarly, it might denote group membership or some kind of confirmation of ownership. The word token has gained new life in a new context with the advent of cryptocurrencies, and it is now part of the technological and digital revolution that is now sweeping our society. A token in the cryptocurrency ecosystem is essentially a coin created on top of an existing blockchain.