Phrases with «token system»

A token system refers to a method of tracking or rewarding behavior or accomplishments using tokens or symbols. It is a way to encourage positive behavior or motivate someone to reach certain goals. Tokens can be physical objects like coins or stickers, or virtual rewards like points or digital badges. Full definition

Sentences with «token system»

  • Hopefully the stupid vehicle token system from the last one is gone. (n4g.com)
  • Most startups with ICOs are blockchain companies with their own in - house token systems, which are supposed to increase in value, kind of like traditional stocks. (ibtimes.com)
  • (The card issuer launched its own token system in September. (entrepreneur.com)
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