A digital asset issued on top of an existing blockchain
It has no ledger of its own and borrows the machinery of another chain to exist. Issuing one is comparatively easy, so there are a great many and plenty with nothing behind them. Sending one costs a fee paid in the host chain's own coin.
A single chain can carry more than 50,000 separate tokens.
For learning, not investment advice. Decisions are your own.
StockFit · TrueNorthLabs Inc.