Token Gating vs Token Spending

There are 2 ways to create token usage: through token gating and token spending.

Token Gating

Token gating, also known as token-based access control, is a mechanism used to control access to resources, services, or content by requiring individuals to possess a specific token.

It is recommended for these use cases:

• Exclusive content only for top members

• Membership to communities

• Exclusive merchandise for your community

• Voting

• Private text and video chats

Token Spending

Token spending is the use or transfer of digital tokens or coins for various purposes that can range from transactions and payments to accessing specific features or services within an ecosystem.

Recommended use cases:

• Token Collectibles

• Merchandise (physical and digital)

• Discounts

• NFTs