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Mighty Encyclopedia

Token-Gating

What is Token-Gating?


A token – often called a social token – is a method of digital ownership that’s secured by blockchain. So token-gating is limiting and granting access to a digital product with the use of blockchain (as opposed to paying with traditional payments). Creators can mint social tokens and NFT tokens and use them to sell a product or service.


For example, on a Mighty Network, you can create a token-gated community that people can access by connecting a crypto wallet. There are instructions on how to do that here.


Now Read: 16 Killer Digital Product Ideas (+ How to Launch)