Tokenisation represents assets, access, or governance onchain
Not all tokens are currencies; many have utility, governance, or asset functions
ICOs revolutionized early crypto funding but brought legal and ethical challenges
Business models now rely on tokens to drive value, coordination, and incentives
Regulatory frameworks like MiCA are emerging but remain complex and evolving
DAOs use tokens for decentralized decision-making and capital allocation
Tokenisation is extending to real-world assets, identity, and physical infrastructure
The future of tokens lies in programmable ownership and embedded compliance