What is a token and what is it for?
By A Mystery Man Writer
Last updated 17 Jul 2024
![What is a token and what is it for?](https://www.bbva.com/wp-content/uploads/en/2017/07/tokens-monedas-digitales-blockchain-recurso-BBVA.jpg)
After bitcoin and blockchain, it is now time to get acquainted with another novel concept brought about by the digital economy: The ‘token’. What is this concept that is leading some people to speak about new discipline, 'tokenomics'?
![What is a token and what is it for?](https://upload.wikimedia.org/wikipedia/commons/3/3e/How_mobile_payment_tokenization_works.png)
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