What are tokens and how are they related to cryptocurrency?

Tokens are digital assets created based on blockchain technology, representing unique units of value. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, tokens can serve various functions within platforms and projects, including access to services, voting rights, or ownership stakes in a business. They are created through smart contracts and can be used for various purposes, ranging from transactions to participating in profit distribution. Tokens can exist on existing blockchains, such as Ethereum or Binance Smart Chain, providing flexibility and a variety of opportunities for cryptocurrency users.