An Ethereum token is a digital asset or token created on the Ethereum blockchain using smart contracts. These tokens can represent assets, ownership rights, or can be used as a medium of exchange within decentralized applications (dApps) built on Ethereum

Ethereum tokens have various use cases in the decentralized ecosystem, from representing real-world assets to enabling functionality within dApps. Smart contracts on Ethereum provide a flexible and secure way to create and manage these digital assets.