🎯 Tokens are tangible or visible representations of emotions, facts, or qualities in real life. People encounter many types of tokens in real life.

Applications of tokens as currency help differentiate between fungible, semi-fungible, and non-fungible tokens.

🪙 Tokens can act as a store of value for conducting internal and external transactions in a particular ecosystem and offer a different kind of monetary system including digital assets.

It is also important to reflect on the applications of tokens as an indicator of ownership of a unique entity. Tokens can represent ownership of something unique for a particular user.

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