Tokens
Introduction
A token is a digital representation of an asset or utility.
The blockchain is the best solution to represent values that can be exchanged.
As a consequence, multiple token standards exist on the Tezos blockchain:
| Name | Guide | Specification | Description |
|---|---|---|---|
| FA1.2 | FA1.2 and metadata | TZIP-7 | A very simple ledger that represents one fungible token. |
| FA2 | FA2 and metadata | TZIP-12 and TZIP-16 | A standard that can represent multiple fungible tokens or NFTs. |