The Token contract is suited for creating a digital currency and is compliant with the ERC20 standard. It can be purchased and traded between users on an exchange, utilized to buy and sell NFTs in a marketplace, etc.
Unlike the Token Drop contract, the Token contract does not allow users to claim tokens under the criteria of claim conditions.
Use Cases & Examples
You could use the Token contract to:
- Create your own cryptocurrency
- Sell your NFTs on the Marketplace in your custom token
- Reward users with tokens for some action they take
Creating & Configuring the Token
Learn how to create and configure your smart contract using the dashboard.