Welcome to Lesson 6 of GoMining Basics Course!
In this lesson, we’ll talk about one of the most integral parts of the GoMining ecosystem - the GOMINING token.
But before we explore how it works, we need to understand what a token is in the context of blockchains.
In simple terms, a token is a digital representation of value, rights, or access that exists on a blockchain. Unlike traditional currencies or assets, tokens are programmable—they follow rules encoded in smart contracts.
Tokens can represent almost anything:
- Currency or money (for example, USDT or USDC)
- Ownership rights (like shares in a company or property titles)
- Access or utility (for example, using a service or voting in governance)
- Unique items (like NFTs representing art, music, or collectibles)
In other words, tokens can have different functions depending on how they are designed. Some are used for payments, others grant governance rights, and many provide utility inside specific platforms.
If you want to learn more about tokens in general and their applications, check out GoMining Academy articles for that.
Now it’s time to learn more about GoMining Token.
In this lesson, you’ll learn:
- What GOMINING token is
- How GOMINING token works
- How you can use it as part of a broader crypto strategy
Let’s dive in.