Do you know the difference between token and cryptocurrency? Cryptocurrency: Cryptocurrencies are digital currencies native to a blockchain, for a cryptocurrency to exist the blockchain must first exist. Cryptocurrencies are issued by the blockchain itself to guarantee the usability and security of the network, they are used as reward payments for miners who guarantee the operation of the network with its processors. Cryptocurrencies are born on the blockchain and are its native "children", such as cryptocurrencies: ETH, ADA, SOL, Matic, BNB, Doge... All of these cryptocurrencies are actually coins, as they have their own own blockchain and are native to it, they work through the blockchain's consensus mechanism and are part of the network's initial code. In short, cryptocurrency has its own blockchain, every cryptocurrency necessarily needs to have its own blockchain but not every blockchain has its own cryptocurrency. Fun fact: Any native blockchain cryptocurrency optional to Bitcoin is called an altcoin. Blockchains exist to provide security to transactions, they work like an accounting ledger and record everything that happens on the network, there are blockchains for all types of purposes, from financial blockchains to gaming blockchains, such as the Gala games blockchain. Token: The token in turn is not native to a blockchain they are programmed through a smart contract within a third-party blockchain, however, a token cannot be deployed on any blockchain because for this to happen, the blockchain necessarily needs to be compatible with smart contracts. Tokens are less complex than a cryptocurrency, basically the token is a script with pre-programmed functions to be executed when any of its functions are activated. The costs to implement a token are absurdly lower compared to a cryptocurrency because the cryptocurrency necessarily needs its own blockchain to exist, whereas tokens can exist on third-party blockchain.Examples of tokens: Shiba, TWT, Baby doge...Tokens are usually created with the aim of tokenizing a project to raise initial funds.Example: You have the idea of creating an electric bicycle company but you do not have the resources to This, then you design the scope of your project, tokenize it and open a sale to first identify acceptance of your project within the community and second, raise resources to kickstart your idea. When an idea is successful and the community embraces the project, it can have great returns for the investors who participated in this proposal. Note: All this movement of creation, collection, sales... of a token are carried out through smart contracts to guarantee the security of the project and investors, so whenever you want to buy a token, before anything check inside the blockchain to see if the contract is secure and if the project is being transparent, remember that smart contracts are immutable afterwards once it is deployed on the network it never changes again, as what is on the website the project writes whatever it wants, i.e. it is manipulable, so never trust 100% in what is written on the website, always check everything within the blockchain to avoid fall for scams.Curiosity: The vast majority of token projects begin their initial fundraising in the DeFi (Decentralized Finance) market, as the costs are relatively lower than launching the project directly on a CEX (Centralized Brokerage). 2295$ETH $BNB