NFTs are often associated with digital art and collectibles, but the same technology can also be used for something much more practical: membership. An NFT membership pass is a blockchain-based token that proves its holder has access to a particular community, service, event, platform, or set of benefits.

Artificial intelligence and blockchain are two of the most discussed technologies of the past decade, and increasingly, projects are attempting to combine them. This has led to the growth of so-called AI crypto tokens: digital assets connected to platforms, networks, applications, and services that use artificial intelligence in some way.

Cryptocurrency can seem full of unfamiliar terminology, and two of the most commonly confused terms are coins and tokens. While many people use them interchangeably, they describe two different types of digital assets with distinct purposes and technical foundations.