A token is a form of digital currency or digital cash. It is intangible and created based on Blockchain technology. Tokens are stored in your wallet devices, such as your mobile phone and hardware wallets. The token is not controlled by banks or third-party institution, it is controlled by the person who controls the wallet which stores it.
Tokens can be transferred and stored outside String Funding platform. Token holders have their full controlling power on tokens outside the String Funding platform.
*String Funding uses ERC-20 Token to serve as the reward.
*ERC-20 is a technical standard used for smart contracts on the Ethereum Blockchain for implementing tokens.