#EthereumSecurityInitiative

What is Ethereum used for?

Ethereum’s native token, called Ether or ETH, is used to pay transaction fees (or ‘gas’) for the use of its network. Developers can use Ethereum to run decentralised applications (DApps) and issue new crypto assets within the Ethereum network. As Ethereum gets more widely used by developers, more use cases were introduced, such as decentralised finance (DeFi), play-to-earn gaming, NFT art, and others.