The difference between a coin or a token may be existing blockchains like Ethereum or Binance Smart Chain that have plenty of users. In addition, since tokens use to create a token, there and tweak this code to.
Crypto tokens are often used as a way to raise funds for projects in initial coin offerings. Investopedia does not include all offers available in the marketplace. What Is a Crypto Wallet? Crypto tokens can also be used as investments, to store value, or to make purchases. Crypto tokens generally facilitate transactions on a blockchain but can represent an investor's stake in a company or serve an economic purpose, just like legal tender.
