Community token refers to a token, usually used to reward community members or incentivize community building. They are commonly used for community building and governance in cryptocurrency communities, as well as for transactions and rewarding community members for their contributions.
Whether community tokens are required depends on the specific community and project. In some cases, a community token may be necessary because it can help the community manage and govern better, as well as motivate community members to actively participate in the construction and development of the project.
For example, in some cryptocurrency projects, community tokens can be used to vote, participate in governance, and obtain rewards to motivate community members to actively participate in the construction and development of the project. This approach can help establish a more open, transparent, and democratic community governance model, and increase the participation and loyalty of community members.
In other cases, community tokens may not be necessary. If a community has sufficient self-management capabilities, good governance and incentives can be achieved without tokens. Also, community tokens may not be necessary if community members are unwilling to accept tokens. Now, I hope that the friends of the community will participate in the voting to vote whether we need to issue community tokens!