The term cryptocurrency token can be used to represent many different forms of "tokenized data" that represents a cryptographic string of letters and numbers. For example, a cryptocurrency token can be used to describe a cryptocurrency such as Bitcoin, or be used to refer to a digital asset existing on another cryptocurrencies blockchain such as an ERC-20 token on the Ethereum blockchain. If no specific context is given a token should be assumed to represent a cryptocurrency that exists on another cryptocurrencies blockchain.
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Further reading
Crypto tokens and the coming age of protocol innovation
Albert Wenger
http://continuations.com/post/148098927445/crypto-tokens-and-the-coming-age-of-protocol
web
Crypto tokens: A breakthrough in open network design
Chris Dixon
https://medium.com/@cdixon/crypto-tokens-a-breakthrough-in-open-network-design-e600975be2ef
Web
Keepers: workers that maintain blockchain networks — when designed correctly, tokens can act like rocket-fuel for driving network effects by incentivizing desired behaviors
Ryan Zurrer
Web
Mental models for understanding tokens
Nick Tomaino and Chris Dixon
Web
Token classification framework — a multi-dimensional tool for understanding and classifying crypto tokens
Thomas Euler
Web
Why crypto tokens matter
Fred Ehrsam and Chris Dixon
Web
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Related Topics
Ripple (cryptocurrency)Ripple is one of the centralized cryptocurrencies based on creating a secure, instant and almost free global financial transactions with currency called ripples (XRP).
EthereumEthereum is an open-source, public, distributed blockchain computing platform featuring smart contract (scripting) functionality, which facilitates online contractual agreements.
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Alex Dean
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Seeking to explain science and technology through simple writing. - 3
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