A BNB token was introduced during an Initial Coin Offering (ICO) crowdfunding event that raised $15 million per day. The ICO took place from June 26 to July 3. During that time, the company distributed 100,000,000 BNB tokens. The total supply of BNB is 200,000,000.

On the Ethereum blockchain, the first BNB tokens were distributed as ERC-20 tokens. Within a few months, developers handed over the tokens to Binance's native blockchain. As a result, Binance gained greater control over its internal functions and future operations.

Tokens from BNB (Binance Coin) refer to the digital assets created on the Binance Smart Chain (BSC), a blockchain platform developed by Binance. BNB itself is the native cryptocurrency of both Binance Chain and BSC, used primarily for transaction fees, staking, and participating in various Binance ecosystem activities.

Tokens on BSC leverage the BEP-20 token standard, similar to Ethereum’s ERC-20, enabling developers to create a wide range of decentralized applications (dApps), DeFi protocols, and other blockchain-based projects. These tokens benefit from BSC's high transaction speed and low fees, making it an attractive option for developers and users.

Popular BNB tokens include PancakeSwap’s CAKE, Venus Protocol’s XVS, and many others, each offering unique functionalities and contributing to the robust, diverse ecosystem thriving on the Binance Smart Chain.