digital token
Blockchain-based certificate
A digital token is a unit of value or access rights recorded on a blockchain or similar system.
Tokens may represent cryptocurrency, ownership shares, voting rights, or access to services.
Unlike physical tokens, digital tokens exist only as entries in a distributed ledger: The company issued digital tokens to early investors.
The term often appears in discussions of NFTs, cryptocurrency, and decentralized finance.
- cryptocurrencyEncrypted decentralized money
- blockchainCryptographic linked transaction record
- NFTBlockchain-verified digital ownership
- coinStamped metal currency
- walletSmall case for currency
smart contract · mint · airdrop · staking · DeFi · Ethereum · Bitcoin · ledger · hash · exchange · collectible · limited edition · secondary market · virtual · asset · payment · transfer · verification
digital tokencash
Ready spending funds
hard currency · banknotes · coins · paper money · specie
digital tokenintrinsic value
Worth independent of circumstance
physical property · tangible property · real property · real estate · commodity
digital, digitally, digitize, digitization, digit, digits, digitate, token, tokens