To avoid running ahead of the complexities related to this topic, let’s begin by looking at some basics about ERC-20 tokens.

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TON is the native currency of the layer-1 Toncoin blockchain developed by the Telegram messaging platform. It was renamed from ‘Telegram Open Network’ to ‘The Open Network’ when the TON Foundation took it over from Telegram.

FLOW is the cryptocurrency powering the permissionless layer-1 Flow blockchain that allows developers to build highly scalable web3 apps.

THETA is the native cryptocurrency of Theta Network, a blockchain-powered network built to enable peer-to-peer decentralized video streaming services.

STORJ is the native token of a decentralized cloud storage network called Storj. It acts as the currency for the Storj platform that connects users who need to borrow a secure cloud storage space with those who have extra hard drive space to lend.

STPT stands for Standard Tokenization Protocol Token. It is an ERC-20 token that powers the Verse Network built on the Standard Tokenization protocol (STP).

Reef (REEF) is the primary utility token of the Reef platform. Its name, “REEF”, is an abbreviation for its Reliable, Extensible, and Efficient First Layer Blockchain that facilitates DeFi, NFT, and Gaming-related services and products.

Chiliz (CHZ) is an Ethereum-based digital currency developed to offer blockchain-backed products and services for mainstream consumers.