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Native Token

A native token is a cryptocurrency that is built into the blockchain of a particular platform or application. Native tokens are typically used to facilitate transactions and interactions on the platform or application and can also be used as a form of payment or reward.

Native tokens are often used to incentivize certain behaviors on the platform, such as participating in governance or contributing to the development of the platform. They may also be used to access certain features or services on the platform or to represent ownership or membership in the platform or community.

Native tokens are usually issued at the launch of the platform or application and are created according to the rules of the blockchain on which they are built. They are often available for purchase or can be earned by participating in certain activities on the platform.

Overall, a native token is a cryptocurrency that is built into the blockchain of a particular platform or application and is used to facilitate transactions and interactions on the platform. It is often used as a form of payment or reward and may also be used to access certain features or services or to represent ownership or membership in the platform or community.

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