Introduction
The ever-evolving crypto landscape brings a variety of tokens, each with its own purpose, governance model, and utilities. In this article, we’ll explore the core distinctions between four notable tokens—Worldcoin Token (WCT), KernelDAO (KERNEL), Hyperlane (HLP), and the newly listed Initial Token (INIT)—to help you make informed decisions and better understand their roles in the ecosystem.
1. Core Purpose
WCT (Worldcoin Token): Powers the World ID ecosystem by enabling proof-of-personhood and decentralized identity.
KernelDAO (KERNEL): Fuels a public-goods funding DAO, using quadratic funding to support open-source and community projects.
Hyperlane (HLP): Secures cross-chain messaging and interoperability between diverse blockchain networks.
Initial Token (INIT): Serves as the native utility token for the Initial platform, providing access, discounts, and incentive mechanisms.
