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Token A succinct definition of Token TokenLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYTOKENCopy linkShare on TwitterShare on FacebookShare on LinkedinTokenWhile cryptocurrency coins are native assets of a specific blockchain, cryptocurrency tokens are created by projects built on top of already existing blockchains. For example, Ether (ETH) is categorised as a coin because it represents the native asset on the Ethereum blockchain. However, Dai (DAI), Uniswap (UNI), and Aave …
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What Is the BRC-20 Token Standard for Bitcoin? Learn about the BRC-20 token standard for the Bitcoin blockchain and the tokens that have been minted on it so far. What Is the BRC-20 Token Standard for Bitcoin?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBitcoin15 Jan 2024|INTERMEDIATE|3 MIN READWhat Is the BRC-20 Token Standard for Bitcoin?Learn about the BRC-20 token standard for the Bitcoin blockchain and the tokens that have been minted on it so far. Key Takeaways: BRC-2…
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Governance Token A succinct definition of Governance Token Governance TokenLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYGOVERNANCE TOKENCopy linkShare on TwitterShare on FacebookShare on LinkedinGovernance TokenGovernance tokens are the main utility tokens in decentralised finance (DeFi) protocols. This type of cryptocurrency grants holders voting rights that can influence decisions concerning the project. In doing so, it decentralises the traditional structure, such as havin…
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Utility Token A succinct definition of Utility Token Utility TokenLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyGLOSSARYUTILITY TOKENCopy linkShare on TwitterShare on FacebookShare on LinkedinUtility TokenUtility tokens grant their holders certain privileges and access to services. Each utility token is unique to its ecosystem and cannot be mined. Instead, tokens are typically pre-mined by the team behind the project and distributed through specific methods. Utility tokens are common…
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