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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

HNT price hit a three-month high after the network’s active nodes surpassed 100,000 and the project raised $111 million through a token sale.

Helium (HNT) gains 40% after $111M fundraise and 100K active nodes milestone

Jordan Finneseth

2021-08-11T01:25:07+01:00

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In three decades from now, blockchain technology and nonfungible tokens will not be magnificent, they will be normal and mundane.

Tales from 2050: A look into a world built on NFTs

2021-08-08T11:07:00+01:00

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FTX wallets now actively support withdrawals for BUSD and BNB, both native to the Binance Chain, and will soon enable users to make deposits via BSC BEP-20 toke...

FTX wallet adds support for BUSD and BNB tokens on the Binance Smart Chain

2021-08-05T09:48:31+01:00

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“Banks and other financial institutions are waking up to the fact that blockchain is more than crypto, and that any financial instruments can be tokenized,” say...

State Street-backed Securrency partners with GK8 for custody and institutional blockchain infrastructure

2021-08-04T20:00:00+01:00

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How a Skill-based, Play-to-earn game hopes to help stabilize the NFT market.

A familiar online game that rewards skills and persistence with NFTs

2021-08-03T13:00:00+01:00

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SkyBridge Capital has purchased 38,436 tons of tokenized carbon offsets.

SkyBridge buys 38,500 tons of carbon offsets

2021-08-03T06:41:49+01:00

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The high value and unique rewards system that nonfungible tokens offer is a revolutionary and highly appealing opportunity for musicians.

NFTs are a game changer for independent artists and musicians

2021-08-01T15:11:00+01:00

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The European Investment Fund invested $30 million in a new blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the European...

EU entrusts $30M to new blockchain and digital assets fund

2021-07-29T12:30:20+01:00

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