A voting token is a type of asset used to grant holders the ability to participate in decision-making processes within a decentralized network or project. These tokens enable holders to vote on various issues, such as protocol upgrades, fund allocation, or governance policies.Voting tokens are often tied to decentralized autonomous organizations (DAOs) or similar structures, where the community emphasizes collective input. The influence a holder has typically correlates with the number of tokens they possess; more tokens can result in greater voting power.These tokens play a crucial role in ensuring that all stakeholders have a say in the evolution of the project, promoting transparency and democratic principles. They can also help align incentives, as token holders are usually invested in the project’s success, encouraging active participation in governance decisions.In summary, voting tokens empower individuals to shape the future direction of a project while promoting community engagement and responsibility.