Native token

A native token refers to the primary digital asset that is created by and operates on a specific blockchain. Unlike coins that can exist on many different platforms, native tokens are inherently tied to the blockchain on which they are issued. These tokens are often used to facilitate transactions, pay for network fees, and provide rewards or incentives for network participants. Native tokens often serve as the foundation for a blockchain's ecosystem, driving utility and value. Examples include Bitcoin for the Bitcoin blockchain and Ether for the Ethereum blockchain. In the context of CasinoALMA, native tokens can be used for various purposes such as placing bets, accessing special features, or earning rewards as part of loyalty programs.