<ul data-eligibleForWebStory="true"><li>Blockchain-based tokens have garnered technical brilliance, social energy, and disruptive potential.</li><li>Token evolution from colored coins to various network standards like ERC-20 and SPL.</li><li>Tokens reside in smart contracts, enabling censorship-resistant asset ownership across different chains.</li><li>Token categories include utility, governance, security, and stablecoins with distinct functions and collateral.</li><li>Tokenomics cover supply models, incentive mechanisms, distribution channels, and utility in various ecosystems.</li></ul>

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