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What is Cryptocurrencies
Cryptocurrencies are digital or virtual currencies that are encrypted (secured) using cryptography. Cryptography refers to the use of encryption techniques to secure and verify the transfer of transactions. Bitcoin is the first decentralized cryptocurrency, which is powered by a public ledger that records and validates all transactions chronologically, called the Blockchain.

What is Token
Tokens are a representation of a particular asset or utility, that usually resides on top of another blockchain. Tokens can represent basically any assets that are fungible and tradeable, from commodities to loyalty points to even other cryptocurrencies!

Creating tokens is a much easier process as you do not have to modify the codes from a particular protocol or create a blockchain from scratch. All you have to do is follow a standard template on the blockchain – such as on the Ethereum or Waves platform – that allows you to create your own tokens. This functionality of creating your own tokens is made possible through the use of smart contracts; programmable computer codes that are self-executing and do not need any third-parties to operate. It really is super cool

Tokens are created and distributed to the public through an Initial Coin Offering (ICO), which is a means of crowdfunding, through the release of a new cryptocurrency or token to fund project development. It is similar to an Initial Public Offering (IPO) for stocks, with critical distinctions which are explained in the article Crypto ICO vs. Stock IPO: What’s the Difference? Many are crazy over ICOs as they represent a great way of identifying interesting projects

Here is a list of top 50 tokens on coinmarket

Name. Platform Market Cap Price.

1 EOSEOS Ethereum. $4,213,108,776 $5.85

2 TRONTRON Ethereum. $2,309,641,954 $0.035129
3 TetherTether Omni. $2,219,823,554 $1.00

4 VeChainVeChain Ethereum. $1,704,117,224 $3.52

5 OmiseGOOmiseGO Ethereum. $1,380,411,232 $13.53

6 ICONICON Ethereum. $964,093,599 $2.50

7 Binance CoinBinance Coin Ethereum. $764,283,125 $7.72

8 DigixDAODigixDAO Ethereum. $676,964,000 $338.48

9 PopulousPopulous Ethereum. $575,623,541 $15.56

10 RChainRChain Ethereum. $493,443,772 $1.37

11 MakerMaker Ethereum. $492,947,004 $797.36

12 StatusStatus Ethereum. $474,963,470 $0.136858

13 AeternityAeternity Ethereum. $413,737,169 $1.78

14 WaltonchainWaltonchain Ethereum. $392,156,263 $15.75

15 AugurAugur Ethereum. $368,507,700 $33.50

16 VeritaseumVeritaseum Ethereum. $347,478,188 $170.61

17 BytomBytom Ethereum. $343,002,240 $0.347520

18 0x0x Ethereum. $328,094,583 $0.634775

19 ZilliqaZilliqa Ethereum. $306,267,874 $0.04637

20 KuCoin SharesKuCoin Shares Ethereum $283,380,678 $3.11

21 Basic Attention TokenBasic Atten...Ethereum $261,177,000 $0.261177

22 DragonchainDragonchain Ethereum. $256,856,724 $1.08

23 GolemGolem Ethereum. $245,710,181 $0.294524

24 GasGas NEO. $244,488,349 $24.73

25 EthosEthos Ethereum. $228,378,299 $3.01

26 QASHQASH Ethereum. $228,256,000 $0.652160

27 AionAion Ethereum. $223,127,983 $2.32

28 NebulasNebulas Ethereum. $206,454,155 $5.82

29 LoopringLoopring Ethereum. $206,197,224 $0.360438

30 FunFairFunFair Ethereum. $202,681,771 $0.044013

31 RevainRevain Ethereum. $185,857,354 $1.01

32 aelfaelf Ethereum. $181,962,500 $0.727850

33 DentacoinDentacoin Ethereum. $167,595,128 $0.000515

34 SALTSALT Ethereum. $167,287,110 $3.00

35 KinKin Ethereum. $165,985,341 $0.000220

36 Kyber NetworkKyber Network Ethereum $164,393,033 $1.23

37 ChainLinkChainLink Ethereum. $164,080,000 $0.468800

38 PolymathPolymath Ethereum. $153,700,640 $0.640420

39 BancorBancor Ethereum. $150,649,230 $3.86

40 DentDent Ethereum. $150,038,585 $0.014135

41 IOStokenIOStoken Ethereum. $149,602,320 $0.017810

42 Power LedgerPower Ledger Ethereum $148,077,642 $0.406882

43 StorjStorj Ethereum. $144,238,295 $1.08

44 IconomiIconomi Ethereum. $142,346,762 $1.43

45 SingularityNETSingularityNET Ethereum $138,486,365 $0.265447

46 Request NetworkRequest Net... Ethereum $135,762,155 $0.204860

47 SIRIN LABS TokenSIRIN LABS ... Ethereum $135,007,761 $0.588890

48 TenXTenX Ethereum. $134,192,545 $1.28

49 EnigmaEnigma Ethereum. $133,705,297 $1.79

50 MaidSafeCoinMaidSafeCoin Omni. $127,039,155 $0.280717

References 1,2