Utility tokens are digital assets created to provide users with access to a specific product or service within a blockchain ecosystem. Unlike traditional currencies, these tokens are not primarily designed for investment but serve a functional purpose, such as enabling transactions, accessing features, or participating in a network. They are often issued during Initial Coin Offerings (ICOs) to raise funds for a project. These tokens can be used in various applications, including decentralized finance (DeFi), gaming, and non-fungible tokens (NFTs). Their value is typically tied to the demand for the services they unlock, making them essential for users who want to engage with a particular platform or community.