> Glossary term
Token
Token — a term that lacks a universally accepted definition and can refer to multiple categories of digital assets. According to one of the most popular views, a token is a digital asset that does…
Token — a term that lacks a universally accepted definition and can refer to multiple categories of digital assets. According to one of the most popular views, a token is a digital asset that does not have its "own" blockchain and exists on another network. Additionally, a token can serve as a digital representation of another real-world asset, such as in the case of Sabai Property, which represents real estate.
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