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.