Token
Protocol
Digital unit representing value, rights, or access on-chain.
A token is a digital asset recorded on a blockchain that can represent currency, governance rights, access, or unique items. Tokens follow standards (e.g., ERC‑20, ERC‑721) defining how they are issued, transferred, and interacted with.
Frequently asked questions
How are tokens created?
By deploying smart contracts that define issuance, transfers, and permissions per a standard.What standards exist?
ERC 20 for fungible tokens, ERC 721 and 1155 for NFTs. They enable wallet and app compatibility.How do I verify a token?
Use official contract addresses and check explorers for metadata, holders, and code verification.