**Token development plays a crucial role in revenue generation for businesses ** 1. By creating their unique digital tokens, businesses can raise funds through Initial Coin Offerings (ICO), where tokens serve as shares available for purchase by investors.
Furthermore, businesses can use tokens as a payment method, offering discounts or rewards for their utilization
This strategy incentivizes customers to engage more, augmenting customer retention and ultimately boosting revenue. It also enhances the ease of transactions, driving operational efficiency. Thus, token development offers promising potential for businesses to maximize their revenue.
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