What is the difference between tokenization and Cryptocurrency?

Cryptocurrencies occupy a unique position within the digital realm, being the inherent asset of a distinct blockchain protocol. They serve as the fundamental unit of exchange and value storage within their respective ecosystems.

In contrast, tokens are a product of platforms that leverage existing blockchains as their foundation. These platforms create tokens to facilitate various transactions, interactions, or utility functions within their own ecosystems.

One prime example showcasing this distinction is the Ethereum blockchain and its native token, ether (ETH). Ether serves as the fundamental currency and driving force behind the Ethereum network, enabling smart contract execution and decentralized application development.

Ethereum's flexibility and extensibility have attracted numerous projects to build upon its robust infrastructure. These projects often issue their own tokens, leveraging the Ethereum blockchain's security and scalability to power their unique functionalities.

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