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Question 1
What do you understand by tokens and give an example of at least 5 Tokens and identify the blockchain it is built on.

Tokens are cryptocurrency that are created in a blockchain that has its own native coin. For example Trust Wallet Token(TWT) is built on Binance Chain which is the blockchain of Binance. Tokens do not have their own Blockchain hence TWT is a BEP-20 token. Tokens are created for the improvement and growth of a crypto project which just like coins can be invested in. They can also be traded, purchased and stored in digital wallets for their value.

They are distributed through initial coin offerings (ICOs) and also used to raise funds for crowd sales. They also represent an asset or specific use in the projects ecosystem in which they are created.

Examples of tokens and the blockchain they are built on

Wink - Tron
TWT - Binance Chain
Uniswap - Ethereum Blockchain
Everipedia - EOS
BTT - Tron
Tether - Ethereum Blockchain

Question 2
What is the difference between a token and a coin

A token is built on an already existing blockchain, they do not have their own e.g Wink is built on Trons blockchain while a coin has its own blockchain and serves as the native currency of that blockchain e.g Tron is the native coin of the Tron blockchain.
A token is distributed through initial coin offerings while coins are issued through mining

Tokens are not difficult to create while coins are very difficult to create as this requires a lot of planning and programming by a group of people.

Tokens cannot be used to transfer coins in the blockchain while coins can be used to transfer tokens eg Tron can be used to transfer wink in the blockchain

Question 3
Explain the different categories of token and explain it's features

Utility Tokens

It is created by the blockchain users for developing a project on the blockchain as it progresses. This helps them gain access to services on the project ecosystem. They are used to raise funds to promote their project by issuing these coins through ICOs.

Features of Utility Tokens

It allows users to have a stake in the project thus gaining voting rights to be involved in making decisions

It is used in paying for services in the blockchain of the project

They are the most popular type of Tokens

It can be used to create other projects which allows people to carry out unique operations within the ecosystem.

Equity Tokens

They share certain similarities with security tokens. They serve as shares in the digital ecosystem and are like traditional assets. Holders of this token receive profits from the project and also acquire voting rights and take part in decision making.

Features of Equity Tokens

They function as shares and just like shares they represent a certain percentage of a companies enterprise.

Ownership are recorded in the blockchain which is more transparent than traditional shares

Its value depends on the success or failure of the company or project.

Security Tokens

They are traditional assets in a blockchain. It is like holding a share in a company but in this situation it operates in a blockchain and holders are entitled to profits from the project . It is a bridge between traditional assets and cryptocurrencies.

Features of Security Tokens

Transfer of security tokens are transparent and holders have ownership rights

They are not mutable and can be easily traced

It is a financial investment just like buying stocks

Non-Fungible Token(NFT)

They have become a new trend that has stormed the crypto space. Non-Fungible Tokens are unique goods and services that are digitally represented in a blockchain. These tokens cannot be replicated because of their unique nature and are not interchangeable. NFts can be used to represent photos, artworks, games etc. Holders have proof of ownership.

Features of NFTs

They are unique and cannot be interchanged

They digitally represent goods and services in the blockchain

They can be tracked on blockchain

Question 4
Make your research and write on any token you listed in question 1

Uniswap

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In 2018 Uniswap was created by Hayden Adams and was originally known as Unipeg. It's built on the Ethereum Blockchain and UNI is the governance token of the platform. In September 2020 Uniswap issued uni to users of the platform. It has a total supply of 1billion. By market capitalization Uniswap is the second largest cryptocurrency project in the world and the fourth largest DEFI platform.
Uniswap is also open source this means that anyone can make their own decentralized exchanges by copying the codes. Uni token allows holders to be Involved in the governance of the platform and also in making decisions through a governance vote. Its automated protocol has solved the issue of liquidity, buyers and sellers do not have to wait for an opposite party provided their is enough liquidity in the pool. In the distribution of Uniswap 60% is designated to Uniswap users, 21.5% to team members, 17.8% to investors and 0.65% goes to advisors.

Analysis of Uniswap Token(UNI) in The Crypto App.

In the Crypto App Uniswap Token is ranked 11th with a total supply of 1000,000,000 and a market cap of $15,832,760,157 with 519,857,388 UNI in circulation. It's all time high was $44.92 on May 3, 2021. It's currently at $30.56.

Features of Uniswap

It is highly decentralized

It allows holders to be involved in the governance of the protocol

It is built on the ERC-20 Blockchain

Its exchange smart contract is used for swapping token

It can be used to introduce new tokens through its factory contract

Aim of the Project

It aims at eliminating the risk of losing assets if the exchange is hacked.

To encourage community growth by offering users a fully decentralized platform

It also aims at addressing liquidity challenges by incentivising liquidity

Conclusion

I used to be confused about the difference between tokens and coins but now I know better. Thank you Prof. @reminiscence01