# token

By [Untitled](https://paragraph.com/@0x69865e3a4de4a4f2a68d1c207133063a89a15464) · 2022-11-08

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    What are tokens?
    Token is a type of electronic asset that is issued and operated on the Blockchain platform of available projects without owning its own Blockchain. The token can be used as a payment method in the generation system of that project. However, tokens differ from coins in that the token holder has the right to participate in the network of the system.

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*Originally published on [Untitled](https://paragraph.com/@0x69865e3a4de4a4f2a68d1c207133063a89a15464/token)*