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Tokens News

A crypto token is an asset based on the blockchain of another asset, which is called a coin. Part of the definition of tokens is that they do not run on their own blockchains — a key distinction in clearing up the token vs. coin confusion.

Projects often build solutions on existing networks, such as Ethereum. Ethereum has a coin, called Ether (ETH), running on its blockchain. The majority of the tokens built on the Ethereum blockchain are ERC-20 tokens, or ERC-721 tokens if they are nonfungible tokens, or NFTs.

Each project typically employs its own token, meaning that the token runs on the blockchain on which the project was built. An entity can create a cryptocurrency token for a number of reasons, including use within a broader ecosystem. ICO tokens were popular during the initial coin offering boom of 2017.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

A blockchain-based game invites players to unlock their favorite childhood memories from the trading card era with a play-to-earn opportunity for collecting and...

New play-to-earn NFT game ready to launch Booster packs that allow players to collect and battle NFT monsters

2021-10-11T09:55:00+01:00

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On the back of the incredible crypto market recovery and the boom in NFT markets, the DeFi market has grown 18% in October.

DeFi picks up the pace as alternate blockchains and NFTs boom

2021-10-09T02:03:00+01:00

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“What Axie Infinity did for gaming, we want to do for social media,” Chingari co-founder and CEO Sumit Ghosh says.

Indian TikTok challenger raises $19M to launch social token on Solana

2021-10-08T13:24:55+01:00

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To advance medical care, a solution for secure, anonymous data may be the ticket to utilizing patient data.

With the help of one NFT marketplace, patients may be able to share data with their providers securely

2021-10-08T11:15:00+01:00

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It is expected that the total figure of tokens could rise to north of $85 million.

Compound supply bug mistakenly rewarded users with $70M in tokens

2021-09-30T12:59:58+01:00

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Axie Infinity players can stake their AXS tokens, with rewards to follow up soon.

NFT trading game Axie Infinity launches AXS staking program

2021-09-30T09:44:07+01:00

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“We believe NFTs embody the promise of tokenization and represent a tipping point for its embrace by the mainstream,” said Ripple.

Ripple launches $250M fund for NFT creators

2021-09-29T17:42:13+01:00

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The proposed TAT Coin will enable tourism operators to cash in on the popularity of cryptocurrencies.

Thailand’s tourism authority is considering creating its own utility token

2021-09-29T06:26:36+01:00

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