What is a token ID?

A Token ID is the unique identifier code for an NFT. It is a key data point that is used to distinguish one NFT from another on a blockchain. Can't find what you're looking for?

What are tokens & how do they work?

Tokens can be thought of as pieces of words. Before the API processes the prompts, the input is broken down into tokens. These tokens are not cut up exactly where the words start or end - tokens can include trailing spaces and even sub-words. Here are some helpful rules of thumb for understanding tokens in terms of lengths:

What is a cryptocurrency token?

“Token” is a word that you hear a lot in cryptocurrency. In fact, you might hear Bitcoin described as a “crypto token” or something similar, because — technically — all cryptoassets can also be described as tokens. But the word has increasingly taken on two specific meanings that are common enough that there’s a good chance you’ll encounter them.

What are Defi tokens & how do they work?

While a cryptocurrency like Bitcoin has its own dedicated blockchain, DeFi tokens like Chainlink and Aave run on top of, or leverage, an existing blockchain, most commonly Ethereum’s. Tokens in this second category help decentralized applications to do everything from automate interest rates to sell virtual real estate.