What Is a Token?
A token is a digital unit of value created on top of an existing blockchain network, not on its own independent blockchain. Tokens function through smart contracts and rely on the security and infrastructure of another blockchain like Ethereum, Solana, or Tron.
Tokens can represent a wide range of utilities, from acting as a medium of exchange to representing physical assets like gold or even unique digital collectibles (NFTs). Tokens are generally non-mineable and are issued by projects or companies using existing blockchain standards (such as ERC-20 on Ethereum). Because they don’t power a blockchain’s core network, tokens often use the native coin of that network to pay transaction fees.
When it comes to practical use, KAST utilizes stablecoins such as USDC and USDT to facilitate seamless transfers. By leveraging tokens on fast, low-cost blockchains, KAST ensures that users can spend their digital assets globally without the volatility often associated with native coins, making everyday crypto payments efficient and predictable.
