The article was written By Mickael Mosse – Blockchain and Cryptocurrency Expert

The creation of cryptocurrencies brought with it a series of terms, such as the word «Token» which means «unit of value», which is issued by a private entity and is given the value that can be assigned within the community in which it is used, hence we have that Bitcoin and Ethereum are Tokens, and the technology that enables the use of Tokens is Blockchain or chain of blocks.

Mickael Mosse
Mickael Mosse Crypto Advisor


Origin of the Tokens


According to Mickael Mosse, Tokens are tokens, pseudo-currencies, or vouchers, which were used to replace fiat money or fiat money. They were assigned a value according to the system in which they are used, prior agreement with the user, and its exchange. An example of tokens is the tokens that are used in casinos, also the (btw) coins that were given to miners (who could exchange them for products in the companies' stores). However, these Tokens are easily counterfeit and controlled by some entity, which could issue any number of Tokens at will, which meant that they were not transparent and legal.

Mickael Mosse points out that, This remained the case until Blockchain technology arrived since this technology inherits some characteristics of cryptocurrencies, among which it refers to traceability, security, and most importantly: the impossibility of falsifying it. With this, the possibility of creating highly reliable and secure Tokens was born, thus allowing entrepreneurs and private users in general, to generate them for different uses. Currently, the generation of cryptographic Tokens or Blockchain Tokens are in full expansion, this due to the security and flexibility that they generate.

Types of Tokens

Mickael Mosse
Mickael Mosse Bitcoin advisor



Regarding the Token typology, we find three subtypes of Tokens, based on their uses and properties:

- Security tokens: they are cryptographic tokens with a similar function to any other token linked to traditional security and its characteristics.

- Utility tokens: also called application or user tokens, they are those that allow future access to the products or services offered by a company, therefore, utility tokens are not created for investment.

- Equity Token: they are a special type of  btw Token that is closely related to security tokens, they function as a traditional asset of shares, they represent the ownership of some asset or a third-party company, likewise, their value is associated with failure or to the success of the property.

These three mentioned Tokens allow users to use it as a financing tool according to needs. In fact, and thanks to this flexibility and its tight integration with Blockchain technology, some projects choose to launch Tokens for financing, and then they are changed to their own Blockchains, such as Ethereum NEM or TRON. says Mickael Mosse.

Mickael Mosse Blockchain Advisor

Who can create a token?


Mickael Mosse points out that, Any person or entity that has the knowledge of the operation of the tokens and has the capital to finance them, could create an account on a website for the creation of tokens and start creating their own tokens, however, it must be taken into account that to For these tokens to have a real value, it is important that they are within btw blockchain technology and that several people make transactions with them.

Article from mickaelmosse.com