Categories: ChatGPT
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Definition of "Token" by Chat GPT: A token is a digital or physical representation of value or identity that is traded, stored, or utilized within a particular system or platform. Tokens can be used to access services or products, secure access to a network or application, or represent a particular asset or commodity. In the context of cryptocurrency, tokens are typically created and distributed through initial coin offerings (ICOs) or other token sales, and can be used to facilitate transactions within a particular blockchain ecosystem.
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