Bryan
Bryan

Token

Definition of a Token

Tokens differ from cryptocurrency and altcoins in several ways. Tokens do not have their own blockchain. Tokens are issued via, for example, an ICO or an Airdrop on a blockchain of other coins (such as that of XRP). In addition, tokens often represent a product, proof of ownership, or part of a company.

Token used in a sentence

‘’I just purchased a new token via onXRP.’’

‘’You can trade the tokens via the onxrp dex.’’

‘’The team issued a new token  which is going to sustain the ecosystem.’’

History/information/research of the term Token

Via onXRP we added a new use case for tokens, it is called tokenized whitelisting. XPUNKS was the first big NFT project which used a different kind of method to to a whitelist. For more information regarding ‘’tokenized whitelisting.’’ Visit this Article

Bryan
Bryan

Bryan indulges in every bit of crypto-related news and material he can lay his hands on. As such, he often shares his views and advice through the onXRP content platform. He is a firm believer in crypto’s potential in the financial and economic world. With 5 years of experience in investing and trading Bryan brings excellent insights to the table. He is excited to bring much of this knowledge and many of his skills to the onXRP platform.