What is a crypto token?

aarong

A crypto token is a digital asset created on top of an existing blockchain network. Unlike cryptocurrency, which is intended to be a means of trade, crypto tokens can represent a wide range of things, including access to a service, ownership of a digital asset, or even voting rights within a specific project. They are digital assets stored on a blockchain that may be purchased, sold, or exchanged.
Startups often create tokens as a way to raise capital for their projects. Investors who purchase these crypto tokens may receive a stake in the future success of the project. Crypto token development company play a crucial role in creating secure and reliable tokens for startups and other organizations.