What is a token?

A token is a conventional account unit that reflects a digital balance in the form of an asset. Tokens perform the function of securities in digital reality. They are not cryptocurrencies. In fact, tokens are digital certificates that are used as a guarantee that a company will comply with obligations to its holders. Tokens are issued by companies on a certain blockchain as the main payment instrument within the network. By issuing tokens, companies attract additional funding to their projects.