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Digital money that can be exchanged on blockchains like Bitcoin is known as a cryptocurrency. On the other hand, a crypto token—which Token Development Company is developing—is a type of digital asset made on a blockchain that typically stands for resources or services, similar to NFTs. These tokens are made by a token development company that focuses on building tokens for several applications, like asset representation and governance. Even though all cryptocurrencies are tokens, not all of them are used as a means of exchange.

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