In the context of blockchain, a "token" is a type of digital unit, often used as a way to represent assets or specific rights within a blockchain network. Tokens can be created, transferred, and stored over the blockchain. They are often used to represent things like ownership, a share in an asset, access rights, or even as a currency. For example, at LOOMPACT we use special tokens (NFTs) to represent social and environmental impacts in a tradable form. Tokens are versatile and can be tailored to various uses and ecosystems within the blockchain world.