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A **coin** and a **token** are both digital assets, but they differ in how they’re created and what they represent: | Aspect | Coin | Token | |--------|------|-------| | **Blockchain** | Runs on its own native blockchain (e.g., Bitcoin on the Bitcoin blockchain, Ether on Ethereum). | Built on top of an existing blockchain using that platform’s smart‑contract standards (e.g., ERC‑20 tokens on Ethereum, BEP‑20 on BNB Chain). | | **Purpose** | Primarily serves as a medium of exchange, store of val

Tokenomics (short for “token economics”) is the study and design of a cryptocurrency’s economic model. It describes how a token is created, distributed, and used within its ecosystem, and it outlines the incentives that drive participant behavior. Key components typically include: | Component | What It Covers | |-----------|----------------| | **Supply** | Total supply, circulating supply, inflation/deflation mechanisms, minting or burning schedules. | | **Distribution** | Initial allocation (e