Token

  • Coins are digital assets that operate on their own independent blockchain.

  • Tokens are digital assets that operate on an existing blockchain network.

  • While coins primarily function as a medium of exchange, tokens aim to offer a wider range of functionalities within a specific project's ecosystem.

https://www.coinbase.com/en-gb/learn/crypto-basics/what-is-the-difference-between-a-coin-and-a-token#:~:text=Coins%20are%20digital%20assets%20that,within%20a%20specific%20project's%20ecosystem.