These are like “sub-tokens” that operate under certain particular cryptocurrency. Just like the Dollar has cents and Pounds have sterling or shillings.
Social tokens are crypto based off of a particular cryptocurrency that already exists, But the intriguing part about crypto is how there are new developments each day and the whole world is moving with it and changing too.
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Take for example, NFTs. These are non-fungible tokens that have cryptocurrency value attached to them. Most come in the form of art. Crypto is a new development of about 10+ years. NFTs are a new development of about a year or 2 years, but even these new NFTs are taking another shape.
Take for example, this hacker has created NFTs which have embedded files which are accessed when a user buys and downloads the NFTs. So he’s not just selling art, he’s selling tutorial files and hacks sourced from the dark web in the lnk below.