token (Meaning)

Wordnet

token (n)

an individual instance of a type of symbol

something serving as a sign of something else

a metal or plastic disk that can be redeemed or used in designated slot machines

something of sentimental value

Wordnet

token (s)

insignificantly small; a matter of form only (`tokenish' is informal)

Webster

token (n.)

Something intended or supposed to represent or indicate another thing or an event; a sign; a symbol; as, the rainbow is a token of God's covenant established with Noah.

A memorial of friendship; something by which the friendship of another person is to be kept in mind; a memento; a souvenir.

Something given or shown as a symbol or guarantee of authority or right; a sign of authenticity, of power, good faith, etc.

A piece of metal intended for currency, and issued by a private party, usually bearing the name of the issuer, and redeemable in lawful money. Also, a coin issued by government, esp. when its use as lawful money is limited and its intrinsic value is much below its nominal value.

A livid spot upon the body, indicating, or supposed to indicate, the approach of death.

Ten and a half quires, or, commonly, 250 sheets, of paper printed on both sides; also, in some cases, the same number of sheets printed on one side, or half the number printed on both sides.

A piece of metal given beforehand to each person in the congregation who is permitted to partake of the Lord's Supper.

A bit of leather having a peculiar mark designating a particular miner. Each hewer sends one of these with each corf or tub he has hewn.

To betoken.

In a Jacquard loom, a colored signal to show the weaver which shuttle to use.

token Sentence Examples

  1. The token is a unique identifier assigned to each transaction in a blockchain system.
  2. Each token represents a specific value or utility within a particular blockchain ecosystem.
  3. Users must possess tokens to interact with certain decentralized applications or services.
  4. Tokens can be used for a variety of purposes, such as paying for goods and services, accessing exclusive content, or participating in governance processes.
  5. The value of a token is determined by market demand and supply, just like traditional currencies.
  6. Tokenized assets, such as digital artwork or real estate, allow for fractional ownership and increased liquidity.
  7. Non-fungible tokens (NFTs) are unique and cannot be directly exchanged for other tokens of the same type, making them ideal for representing unique digital items.
  8. Utility tokens grant holders specific rights or benefits within a decentralized network or platform.
  9. Tokenomics refers to the economic models and structures that govern the issuance, distribution, and use of tokens within a blockchain system.
  10. Token standards, such as ERC-20 and BEP-20, ensure interoperability and compatibility between different blockchain networks and tokens.

FAQs About the word token

an individual instance of a type of symbol, something serving as a sign of something else, a metal or plastic disk that can be redeemed or used in designated sl

memorial,reminder, remembrance, relic, commemorative, monument, keepsake, memento,souvenir, tribute

No antonyms found.

The token is a unique identifier assigned to each transaction in a blockchain system.

Each token represents a specific value or utility within a particular blockchain ecosystem.

Users must possess tokens to interact with certain decentralized applications or services.

Tokens can be used for a variety of purposes, such as paying for goods and services, accessing exclusive content, or participating in governance processes.