Token Supply Guide

Token

The fundamental unit of account within a blockchain network, a token represents a digital asset that can signify ownership, utility, or access rights. Unlike cryptocurrencies native to a blockchain (like Ether on Ethereum), tokens are created using smart contracts and operate on existing blockchain infrastructure. Their value derives from underlying utility, scarcity, or market demand, often tied to specific projects or platforms within the broader cryptocurrency ecosystem. Token design and distribution strategies significantly impact network dynamics and overall project viability.